Economic data and gold
Payrolls, CPI, Fed decisions and more, each with its own page: why it moves gold, when it is due next, and how gold moved on past release days and in the 30 minutes after.
US Non-Farm PayrollsKey
Strong jobs cool rate-cut bets and lift the dollar, often weighing on gold; weak jobs do the opposite.
US Unemployment RateKey
Released with payrolls; a rising rate usually supports gold.
US CPIKey
Hotter inflation makes Fed cuts harder and often hits gold short term; softer is supportive.
Gold on recent release days−107.7
US PCE pricesKey
The Fed’s preferred inflation gauge; reads like CPI for gold.
Fed rate decisionKey
Rates and the dot plot drive the dollar and real yields, the biggest single driver for gold.
Powell speaksKey
One sentence can reprice rate-cut expectations.
US GDP
Growth shapes the pace of cuts and safe-haven demand.
US PPI
Pipeline inflation, often read as a CPI preview.
US Retail Sales
Consumer strength feeds into growth and rate expectations.
Gold on recent release days−107.7
US Initial Jobless Claims
Weekly every Thursday: the fastest read on the job market.
US ISM PMI
Factory and services sentiment, with a prices sub-index.
US JOLTS job openings
Labour demand, a pre-payrolls read.
ECB rate decision
The euro is nearly 60% of the dollar index, so an ECB more hawkish or dovish than the Fed moves gold through the dollar.
BoJ rate decision
Yen rate moves ripple through the dollar and carry trades; yen-priced gold reacts most directly.