Gold Price Today: $4,044 as Stock Rout Hits, Jobs Next - FinanceFeeds

AI desk brief

• Spot gold fell 1.1% to $4,044.09/oz on 6 November 2026; December futures lost 1.5% to $4,053.30. KCM Trade’s Tim Waterer attributed selling to liquidation amid the equity rout, though gold remained headed for its best week since late August.
• October payrolls were due at 13:30 GMT, with consensus at 59,000–65,000 and December Fed hike odds near 68%. The article’s $3,990 downside scenario requires a clear payrolls beat, hike odds above 80% and further equity-driven liquidation.
• Its $4,135 upside reference requires a payrolls miss, falling hike odds and renewed dollar weakness; the $4,020–$4,090 base range assumes near-consensus payrolls and retained weekly gains. These are conditional reference scenarios, not forecasts.