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Gold rises as dollar, yields slip ahead of key US jobs data
Gold prices gained on Wednesday, buoyed by a weaker dollar and lower Treasury yields, while investors awaited key U.S. jobs data later in the day for clues on the Federal Reserve's policy outlook. Spot gold was 1% higher at $5,074.39 per ounce by 1022 GMT. U.S. gold futures for April delivery gained 1.3% to $5,098 per ounce. "We’ve seen a bit of a weaker U.S. dollar during the past trading days, which has helped gold and is likely lifting the price today," said Julius Baer analyst Carsten Menke. The U.S. dollar fell to a near two-week low, making greenback-priced gold more affordable for overseas buyers. ... (full story)
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Total nonfarm payroll employment rose by 130,000 in January, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, and construction, while federal government and financial activities lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note. 
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. That’s an average of just +15,000 jobs per month, not…
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. That’s an average of just +15,000 jobs per month, not…
FED GOVERNOR MIRAN SAID STRONG JANUARY JOBS DATA DOES NOT RULE OUT RATE CUTS AND HE EXPECTS INFLATION TO FALL SHARPLY THIS YEAR. MIRAN ARGUED THAT BOOSTING SUPPLY THROUGH PRODUCTIVITY GAINS AND DEREGULATION COULD HELP LOWER INFLATION BY EXPANDING OUTPUT. HE ADDED THAT POLICY…
Gold and Silver futures moved higher on February 11, 2026, driven by a combination of geopolitical factors and steady central bank activity. The market reacted to the U.S. Bureau of Labor Statistics report showing 130,000 jobs added in January, which was significantly above the 55,000 consensus estimate. The unemployment rate also edged lower to 4.3%. ...
