Gold prices drifted higher on Monday after soft US economic data sharply lowered expectations of a Federal Reserve rate hike in October, lifting the appeal of the non-yielding asset.

Spot gold was up 0.4 percent at $4,158.17 per ounce, while US gold futures for December delivery rose 0.6 percent to $4,186.40.

Traders now see only a 22 percent probability of an October hike, down from 64 percent a week ago, according to the CME FedWatch Tool. They still price in an 87 percent chance of an increase in December.

The shift followed September jobs data that came in weaker than expected, with prior months revised lower. The Fed last month raised its benchmark rate by 25 basis points to the 3.75-4.00 percent range, its first increase in three years.

On the geopolitical front, Yemen’s Saudi-backed government announced a major military campaign against Houthi-held areas, keeping safe-haven demand alive. Spot silver gained 1.7 percent to $61.40 an ounce, while platinum and palladium also rose.