US September Nonfarm Payrolls Preview: Analyzing Gold price reaction to NFP surprises Premium
Historically, how impactful has the US jobs report been on gold’s valuation? In this article, we present results from a study in which we analyzed the XAU/USD pair's reaction to the previous 35 NFP prints*. We present our findings as the US Bureau of Labor Statistics (BLS) gets ready to release the September jobs report on Friday, October 4. Expectations are for a 140,000 rise in Nonfarm Payrolls following the lower-than-expected 142,000 increase recorded in August.