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Gold Price Forecast: XAU/USD consolidates around $3,550 ahead of US NFP data for August
Gold price (XAU/USD) trades in a tight range around $3,350 during the European trading session on Friday. The precious metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT. Investors will pay close attention to the US official labor market data as it will influence market expectations for the interest rate outlook. Fed dovish expectations intensified in early August after the July’s NFP report showed a significant revision in employed figures of May and June on the downside. Lower interest rates by the Fed improves demand for ... (full story)
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From @GlobalTelevsion|Sep 5, 2025|138 commentsThe BLS is experiencing technical difficulties ahead of the Nonfarm Payrolls data at 08:30 ET.
From bls.gov|Sep 5, 2025|101 commentsTotal nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The ...
From statcan.gc.ca|Sep 5, 2025|3 commentsEmployment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The unemployment ...
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- Sep 5, 2025 6:35am Posted byTechnical Analysis416
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