Gold falls as dollar firms ahead of US jobs report
The US employment release is scheduled for 19:00 IST on 6 November. All India Bullion’s GST-inclusive counter rates were read at 17:00 IST.
At a glance
The US employment release is scheduled for 19:00 IST on 6 November. All India Bullion’s GST-inclusive counter rates were read at 17:00 IST.
US jobs data is due this evening
The US jobs release is scheduled for 19:00 IST today, 6 November. At 17:00 IST on 6 November, All India Bullion’s GST-inclusive counter rate was Rs 1,45,500 per 10 g for Gold Local 999 and Rs 1,90,090 per kg for Silver Local 999.
Gold has eased in recent sessions as the dollar has firmed. The silver figure is All India Bullion’s counter rate; it is not a market, spot or futures price.
What the release measures
The release includes the US Non-Farm Employment Change, which measures the change in employment outside the farming sector, and the Unemployment Rate, which measures the share of the labour force without a job but seeking work. Average Hourly Earnings, also scheduled for 19:00 IST, tracks changes in workers’ average pay.
Together, these readings give markets information about employment and wage conditions in the US. They do not, on their own, set the direction of gold.
Why gold traders watch the dollar
US employment and wage data can influence how markets assess the outlook for US interest rates. That can affect the dollar, which is one reason gold traders watch the release: gold is priced internationally in dollars, and changes in the dollar can influence its price.
This is general market context, not a forecast of the report or of gold’s next move. The release is due at 19:00 IST; the next US consumer sentiment and inflation expectations readings are scheduled for 20:30 IST.
Get a firm quote before buying
For a physical purchase, remember that the rupee price can move with the dollar during the day. All India Bullion’s quoted rate is its own retail counter rate, and the rate you act on should be a firm quote for the product and purity you want.
Check today’s live rate and ask for the full cost in writing before you pay.
Sources
Latest Market Coverage
View all
Ahead of US Data: What It Means for Gold and Silver, 29 October 2026
US GDP and core inflation data are scheduled for 18:00 IST. Here is what Indian buyers should know before the releases.
US midterm results lift Indian gold and silver as dollar and yields fall
All India Bullion’s GST-included counter rates at 17:30 on 4 November were Rs 1,43,930 per 10 g for Gold Local 999 and Rs 1,90,160 per kg for Silver Local 999.
Gold slips after Fed holds rates as traders await US inflation data
Gold was reported lower after the US Federal Reserve held rates. Silver’s move, the international spot prices and the rupee’s direction are not stated in the available reports.
