By Ashitha Shivaprasad Sept 4 (Reuters) - Gold held steady on Friday and was poised for a small weekly gain, as attention turned to highly awaited U.S. payrolls data for clues on the Federal Reserve's next interest rate decision.

Gold's spot price — or its current trading value — today as of 9:00 a.m. ET is $4,489.80 per ounce, according to CNBC's Gold/ US Dollar Spot Price. That's slightly higher than Wednesday's price, when it traded at $4,335.79 per ounce at the same time.

Gold enters September well below its recent price peak, and several factors could determine where prices go next.

As of September 03, 2026, the price of gold is $4,447.96 per ounce. See updated daily gold price, historical gold price charts, percentage changes and gold trends at USA TODAY Money.

Gold firmed on Thursday as dollar and Treasury yields eased, while investors looked to U.S. nonfarm payrolls data that could shape the Fed's next policy move.

The move to improve liquidity of gold is “not normal behavior,” said UBS’s Paul Donovan.

The Netherlands said it had reduced the share of its gold reserves held in North America from 51% to 37% in response to "increasing geolpolitical risk."

The setup for August was about as friendly as a gold bull could ask for. Treasury Secretary Scott Bessent said on Aug. 19 that the government would raise the maximum size of each buyback to at least $4 billion from $2 billion, targeting the 10- to 30-year part of the curve, according to Axios. The dollar sagged and bullion took off.