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At close · Wed, Aug 5, 2026
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Home›Commodities›Precious Metals›Gold jumps to highest level since June after weak payr…

Gold jumps to highest level since June after weak payrolls

Spot gold climbed as high as $4,295 per ounce and later pared gains to $4,268, while gold futures were last seen around $4,329.

Reported · Written up by our desk · Precious Metals

Gold prices rose to the highest level since June following weak payroll data, according to CNBC World.

Spot gold was seen climbing as high as $4,295 per ounce before giving back some gains to $4,268 per ounce on Thursday.

Gold futures were last seen trading around $4,329 per ounce, as the move coincided with hopes for an Iran Hormuz-related deal, CNBC World reported.

Latest closeGold $4,308.50 ▲5.2%

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Sources

CNBC WorldGold price hits highest level since June on weak payrolls data and Hormuz deal hopes

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