---
title: "Weak non-farm payroll data boosts gold prices significantly"
description: "The July non-farm payroll report showed that the number of new jobs was below expectations, driving gold futures prices up by 1.5%. The market interpreted this as a sign of weakness in the labor marke"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/251209061.md"
published_at: "2025-08-01T13:17:21.000Z"
---

# Weak non-farm payroll data boosts gold prices significantly

> The July non-farm payroll report showed that the number of new jobs was below expectations, driving gold futures prices up by 1.5%. The market interpreted this as a sign of weakness in the labor market, which could increase the pressure on the Federal Reserve to cut interest rates in September. Federal Reserve Chairman Jerome Powell did not provide clear signals for a rate cut, and Deutsche Bank analysts believe that the market still has various options. The U.S. dollar index fell by more than 1%, further boosting the rise in gold

The July non-farm payroll report showed that the number of new jobs was below economists' expectations, driving gold futures prices up 1.5% during the day, reversing the earlier flat trend. U.S. government data also indicated that the downward revision of employment data for May and June exceeded normal levels. The market interpreted this as a signal that the weakness in the labor market may be worse than expected, which could increase pressure on the Federal Reserve to cut interest rates in September. On Wednesday, Federal Reserve Chairman Jerome Powell's remarks after maintaining interest rates suppressed gold prices, as he refused to provide a clear signal on whether there would be a rate cut next month. Deutsche Bank analysts pointed out: "Powell left the impression that all options remain open for the market." Meanwhile, the U.S. dollar index fell more than 1% during the day, further boosting the rise in gold

### Related Stocks

- [07299.HK - FL2CSOPGOLD](https://longbridge.com/en/quote/07299.HK.md)
- [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 达利欧家办重仓黄金！彻底退出桥水后首曝美股持仓，规模升至 5 亿美元 | 达利欧家族办公室自疫情以来首次披露美国股票投资情况。截至去年年底，其在美股市场持仓约 5.03 亿美元，较 2021 年初增长约三分之一。其中超过四分之三资金配置在黄金 ETF，其余分散布局美债及标普 500 指数等资产。分析称，这一举动显 | [Link](https://longbridge.com/en/news/276472669.md) |
| Equinox Gold (EQX) 获得了来自 National Bank 的买入评级 | 国家银行分析师今天对 Equinox Gold 维持了买入评级，并设定了 26.00 加元的目标价。总统日促销 - 70% 折扣解锁对冲基金级别的数据和强大的投资工具，以便做出更聪明、更精准的决策。通过最新的新闻和分析保持市场领先，最大化您 | [Link](https://longbridge.com/en/news/276495706.md) |
| 斐波那契的 61.8% 在黄金市场中——第三次未能如愿 | 黄金的斐波那契 61.8% - 第三次并不幸运 | [Link](https://longbridge.com/en/news/276474128.md) |
| Lode Gold 更新了其子公司 Gold Orogen 的反向收购交易和在加拿大证券交易所上市的生效日期为2026年2月18日 | Lode Gold Resources Inc. 宣布了其子公司 Gold Orogen 的反向收购（RTO）交易及在加拿大证券交易所（CSE）上市的最新进展，生效日期为 2026 年 2 月 18 日。该公司通过法院批准的安排计划获得了上 | [Link](https://longbridge.com/en/news/276347367.md) |
| Fiscal Wisdom Wealth Management LLC 在 Gold Resource Co. $GORO 中建立了价值 3978 万美元的头寸 | Fiscal Wisdom Wealth Management LLC 已收购 Gold Resource Co.（纽约证券交易所代码：GORO）价值 3978 万美元的股份，在第三季度购买了 48,688,650 股。这项投资占该公司投资 | [Link](https://longbridge.com/en/news/276328383.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
