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Bitcoin October 2 daily chart alert – Bulls gaining power this week

(Kitco News) – Thursday, October 2–October bitcoin futures prices are higher and hit a six-week high in early U.S. trading Thursday.

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Gold price modestly up on steady safe-haven demand

(Kitco News) – Gold prices are modestly higher in early U.S. trading Thursday and not far below Wednesday’s record high. Silver prices are slightly down but still not far below Wednesday’s 14-year high.

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U.S. employment data is broken… and it’s misdirecting the markets and the Fed

(Kitco News) – The U.S. government shutdown means Wednesday’s ADP employment report – which undershot expectations by over 50,000 jobs – may be the only national snapshot of American jobs that markets receive for some time. 

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Gold will rise 6% higher by Q2 2026 on demand from new buyers – Goldman Sachs Research

(Kitco News) – Gold prices will gain an additional 6% by the middle of 2026 as fresh demand from key groups of buyers will drive the yellow metal to new record highs, according to Goldman Sachs Research led by analyst Lina Thomas.

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Even after September’s record investment demand, gold is still underowned – State Street’s Doshi

(Kitco News) – Gold’s unprecedented rally found a new gear in September, marking the precious metal’s biggest quarterly gains in more than 40 years.

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Gold at record high, silver hits 14-yr peak; bull mkts roll on

(Kitco News) – Gold and silver prices are up in midday U.S. trading Wednesday, with gold hitting a record high and silver sharply up and at a 14-year high.

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Impact of government shutdowns on gold, stocks, Treasuries and the dollar – StoneX’s O’Connell

(Kitco News) – With the U.S. Federal government shutting down for the fifth time in 30 years, it’s valuable to review the causes of the previous shutdowns – and their impacts on gold and other key markets, according to Rhona O’Connell, Head of Market Analysis, EMEA & Asia at StoneX.

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Adshead-Bell on developers rerating as gold M&A moves down the food chain

(Kitco News) – Nicole Adshead-Bell, director at Cupel Advisory, sat down with Kitco Mining’s Digging Deep to discuss the gold market, saying the constructive upcycle is “definitely in a bull market, but we are not yet seeing the crazy bubble-like behavior”. She also discussed the reopening of financing, including for earlier-stage names. “There are private companies that are coming out raising 8, 9, 10, $12 million,” she said, a sharp contrast with last year’s tighter conditions.

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Gold comes off highs after ADP says net 32K jobs were lost in September

(Kitco News) – The gold market is trading lower on Wednesday morning after the latest employment data showed the U.S. labor market continues to deteriorate, according to private sector payrolls processor ADP.On Wednesday, ADP announced that 32,000 jobs were lost in September. The report was far worse than expectations, as consensus forecasts called for job gains of 50,000. August’s figure was unrevised from the initial reading of 54,000 net jobs.

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Gold prices holding below record highs as ISM manufacturing PMI contracts for seventh straight month

(Kitco News) – While off its highs, the Gold market is still holding solid gains near its all-time highs as activity in the U.S. manufacturing sector continues to struggle in contraction territory.

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