Gold price today, Friday, November 6, 2026: Gold hovers above $4,000 ahead of jobs report - Yahoo Finance

AI desk brief

December gold futures opened at $4,098.50/oz on November 6, 2026, down 0.4% from Thursday’s close, and slipped to $4,072 by 7:14 a.m. ET ahead of the October US jobs report. The opening price was up 1.6% week on week but down 1.7% month on month. The article cites CME FedWatch pricing a 72.3% probability of a rate increase next month. A stronger employment report could reinforce tightening expectations and pressure gold, although the decision would also depend on November employment and additional inflation reports; higher nominal rates alone would not establish higher real yields.