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Gold prices attracting some new bullish attention after U.S. economy created 50k jobs in December
After spinning its wheels in elevated territory, the gold market appears to be gaining new bullish traction as momentum in the U.S. labor market continues to slow. The first clean employment report since August—delayed by the U.S. government’s 43-day shutdown through October—shows the economy created fewer jobs than expected. U.S. nonfarm payrolls rose by 50,000 in December, the Bureau of Labor Statistics reported on Friday. This figure missed consensus forecasts, as economists had anticipated job gains of around 66,000. However, the unemployment rate dropped to 4.4%, down from November’s reading of 4.6%. The ... (full story)
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From zerohedge.com | Jan 9, 2026
Ahead of today's jobs report, expectations were that the NFP number would show another rebound from the terrible Sept/Oct prints, but remain muted (or else spark fears about reheating and an end to the Fed's easing cycle). Well, that's precisely what we got moments ago when the BLS reported that in December the US gained 50K jobs, a modest miss to estimates ...
From kiplinger.com | Jan 9, 2026
The December jobs report came in lighter than expected, but a lower unemployment rate is likely to encourage the Federal Reserve to keep interest rates unchanged when it meets later this month. Still, market participants are hopeful for at least two rate cuts this year. According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 50,000 in ...
Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, and social assistance. Retail trade lost jobs. This news release presents statistics from two monthly ...
