---
title: "The non-farm payroll data is making gold prices jump back and forth, I'll hold my position for now."
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42418285.md"
description: "The freshly released US non-farm payroll data directly disrupted the gold market, with prices swinging violently back and forth. However, global central banks continue to increase their gold holdings, with both bullish and bearish logics repeatedly tearing at the minds of position holders. I have been holding a long-term gold position throughout this period and will not frequently enter and exit based on single-day fluctuations. Previously, I was always closely watching non-farm and interest rate-related news, repeatedly opening and closing positions. When gold prices rose, I was eager to add to my position; when they fell, I hurried to cut losses. After several rounds of such operations, just the costs and slippage ate away a significant portion of my principal. Now, facing significant price volatility, I have calmed down instead, unwilling to be led by short-term, single-day data. Ups and downs are the norm in the market..."
datetime: "2026-07-03T09:22:55.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42418285.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42418285.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42418285.md)
author: "[牛市渡灵人](https://longbridge.com/en/profiles/25231412.md)"
---

# The non-farm payroll data is making gold prices jump back and forth, I'll hold my position for now.

The freshly released US non-farm payroll data directly disrupted the gold market, causing prices to fluctuate violently. However, central banks worldwide continue to increase their gold holdings, with the conflicting bullish and bearish logics constantly unsettling investors.

During this period, I have maintained a long-term gold position and will not trade frequently based on single-day volatility. Previously, I was always fixated on non-farm payroll and interest-rate related news, repeatedly opening and closing positions. I would rush to add to my position when the gold price rose and hastily cut losses when it fell. After several rounds of such trading, transaction costs and slippage alone consumed a significant portion of my principal. Now, facing significant gold price fluctuations, I have calmed down and refuse to be led by short-term, single-day data.

Price fluctuations are inherent to the market. Rather than chasing the news and exhausting myself, it's better to stick to my original investment thesis.