Non-agricultural data (NFP for short) refers to the non-agricultural data of the United States, including the three values of non-agricultural employment, employment rate and unemployment rate, which can objectively reflect the rise and fall of the U.S. economy. Therefore, non-agricultural data has an important impact on gold prices. Investors in the gold market need to pay close attention to non-agricultural data and its expected and announced values to make corresponding investment decisions.
The U.S. non-farm payroll data is released on the Friday evening of the first week of each month. The release time is 20:30 Beijing time during summer time and 21:30 Beijing time during winter time. It is released regularly by the Bureau of Labor Statistics of the U.S. Department of Labor.
The following is the release time of the 2024 U.S. non-agricultural data report (based on Beijing time) -
January 5, US non-farm employment population changes in December 21:30
February 2, US non-farm employment population changes in January 21:30
March 8, US non-farm employment population changes in January 21:30
April 5, US non-farm employment population changes in December 21:30
May 3, US non-farm employment population changes in April 20:30
June 7, US non-farm employment population changes in April 20:30
July 5, US non-farm employment population changes in April 20:30
August 2, US non-farm employment population changes in April 20:30
September 6, US non-farm employment population changes in April 20:30
October 5, US non-farm employment population changes in April 20:30
November 8, US non-farm employment population changes in December 21:30
December 5, US non-farm employment population changes in December 21:30
Generally speaking, when non-agricultural data increases, it means that non-agricultural employment increases. It can reflect the growth of the manufacturing industry and service industry, and the economy enters a period of expansion, which is good for the US dollar. However, the US dollar has an inverse correlation with precious metals, which is negative for precious metals. . On the contrary, a decrease in non-agricultural data will be positive for precious metals.
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