Gold after the US jobs report (NFP)
After 57 NFP releases since 5 Nov 2021, gold moved a median of $8.58 in 5 minutes and $9.07 in an hour; the first-hour swing was $18.93 at the median. Over the last 12 releases the 5-minute move has been larger: $27.86, as gold now trades far higher than in 2021. The first move held for the hour in 82% of releases. Source of the dates: Employment Situation, US Bureau of Labor Statistics.
Last 24 releases, 60 minutes after
Gold 60 minutes after the release vs the last price before it, US dollars per ounce; green - higher, orange - lower.
Every release
| Release | Data for | Gold before | 1 min | 5 min | 15 min | 60 min | High / low, 1 h |
|---|---|---|---|---|---|---|---|
| 2 Oct 2026 08:30 ET | 2026-09 | 4,186.27 | +28.10 | +35.94 | +24.62 | +7.20 | +42.25 / -2.33 |
| 4 Sep 2026 08:30 ET | 2026-08 | 4,473.29 | -70.17 | -78.26 | -79.52 | -60.95 | +0.69 / -107.85 |
| 7 Aug 2026 08:30 ET | 2026-07 | 4,307.02 | +47.00 | +52.87 | +59.71 | +49.29 | +64.85 / -0.28 |
| 2 Jul 2026 08:30 ET | 2026-06 | 4,065.27 | +52.39 | +61.85 | +67.23 | +47.74 | +75.35 / -0.34 |
| 5 Jun 2026 08:30 ET | 2026-05 | 4,464.90 | -14.29 | -11.79 | -18.68 | -60.25 | +1.24 / -65.20 |
| 8 May 2026 08:30 ET | 2026-04 | 4,710.13 | -2.20 | +12.97 | +13.90 | +17.17 | +21.89 / -7.53 |
| 6 Mar 2026 08:30 ET | 2026-02 | 5,083.50 | +35.75 | +40.22 | +38.40 | +20.72 | +47.06 / -9.87 |
| 11 Feb 2026 08:30 ET | 2026-01 | 5,083.27 | -59.99 | -33.50 | -23.00 | -12.03 | +1.45 / -64.41 |
| 9 Jan 2026 08:30 ET | 2025-12 | 4,472.95 | -2.23 | +13.94 | +14.11 | +21.34 | +23.49 / -14.13 |
| 16 Dec 2025 08:30 ET | 2025-11 | 4,301.57 | +4.15 | +5.78 | +2.46 | +24.10 | +28.98 / -1.95 |
| 20 Nov 2025 08:30 ET | 2025-09 | 4,085.95 | -3.17 | -11.21 | -5.47 | -5.36 | +10.55 / -18.93 |
| 5 Sep 2025 08:30 ET | 2025-08 | 3,554.90 | +18.99 | +22.21 | +28.86 | +24.24 | +31.96 / --0.02 |
| 1 Aug 2025 08:30 ET | 2025-07 | 3,301.93 | +10.72 | +26.17 | +37.12 | +49.78 | +52.70 / -0.03 |
| 3 Jul 2025 08:30 ET | 2025-06 | 3,349.82 | -13.47 | -21.56 | -37.70 | -17.54 | +0.08 / -38.28 |
| 6 Jun 2025 08:30 ET | 2025-05 | 3,358.97 | -8.20 | -2.01 | -5.85 | -5.23 | +5.45 / -15.44 |
| 2 May 2025 08:30 ET | 2025-04 | 3,259.26 | -7.76 | -4.88 | -3.13 | -1.82 | +3.72 / -19.80 |
| 4 Apr 2025 08:30 ET | 2025-03 | 3,097.11 | +0.99 | -4.58 | -8.23 | -21.40 | +3.80 / -27.76 |
| 7 Mar 2025 08:30 ET | 2025-02 | 2,912.05 | +7.25 | +7.37 | +10.88 | +4.92 | +14.43 / -8.44 |
| 7 Feb 2025 08:30 ET | 2025-01 | 2,864.48 | -1.46 | -4.08 | -1.55 | +9.09 | +10.97 / -12.05 |
| 10 Jan 2025 08:30 ET | 2024-12 | 2,677.48 | -7.53 | -11.01 | -1.65 | +11.72 | +13.37 / -13.48 |
| 6 Dec 2024 08:30 ET | 2024-11 | 2,635.30 | +2.63 | +1.69 | +0.55 | -5.57 | +8.23 / -11.29 |
| 1 Nov 2024 08:30 ET | 2024-10 | 2,750.88 | +6.51 | +5.45 | +5.08 | +2.74 | +11.33 / -1.39 |
| 4 Oct 2024 08:30 ET | 2024-09 | 2,656.95 | -15.40 | -15.80 | -15.94 | -5.56 | +0.66 / -24.93 |
| 6 Sep 2024 08:30 ET | 2024-08 | 2,516.46 | +6.64 | +7.77 | +8.37 | -7.85 | +12.77 / -9.85 |
| 2 Aug 2024 08:30 ET | 2024-07 | 2,456.64 | +17.05 | +16.78 | +14.33 | +9.43 | +21.09 / -0.93 |
| 5 Jul 2024 08:30 ET | 2024-06 | 2,366.62 | -4.14 | +3.59 | +6.20 | +7.81 | +13.50 / -18.85 |
| 7 Jun 2024 08:30 ET | 2024-05 | 2,333.84 | -18.50 | -13.54 | -14.32 | -8.55 | +0.67 / -20.66 |
| 3 May 2024 08:30 ET | 2024-04 | 2,296.37 | +22.80 | +18.92 | +6.64 | +4.61 | +24.35 / -0.11 |
| 5 Apr 2024 08:30 ET | 2024-03 | 2,295.99 | -13.12 | -9.94 | -6.89 | -0.47 | +3.28 / -15.81 |
| 8 Mar 2024 08:30 ET | 2024-02 | 2,164.64 | +6.91 | +13.57 | +16.11 | +4.91 | +20.76 / -8.28 |
| 2 Feb 2024 08:30 ET | 2024-01 | 2,052.52 | -11.17 | -11.08 | -13.68 | -22.22 | +0.30 / -24.78 |
| 5 Jan 2024 08:30 ET | 2023-12 | 2,039.20 | -11.21 | -9.93 | -5.29 | +7.65 | +9.53 / -14.81 |
| 8 Dec 2023 08:30 ET | 2023-11 | 2,027.36 | -9.73 | -9.55 | -4.12 | -21.26 | +1.29 / -24.86 |
| 3 Nov 2023 08:30 ET | 2023-10 | 1,988.73 | +7.50 | +11.05 | +14.57 | +0.27 | +15.27 / -2.40 |
| 6 Oct 2023 08:30 ET | 2023-09 | 1,819.64 | -4.80 | -8.58 | -7.35 | +4.27 | +4.62 / -9.23 |
| 1 Sep 2023 08:30 ET | 2023-08 | 1,945.46 | +5.50 | +5.42 | +2.71 | +2.83 | +6.87 / -0.18 |
| 4 Aug 2023 08:30 ET | 2023-07 | 1,932.06 | +3.04 | +3.11 | +7.61 | +9.55 | +12.56 / -6.84 |
| 7 Jul 2023 08:30 ET | 2023-06 | 1,920.73 | -0.51 | +5.33 | -0.73 | +0.40 | +7.12 / -5.27 |
| 2 Jun 2023 08:30 ET | 2023-05 | 1,978.76 | -3.69 | -1.14 | -6.49 | -2.70 | +0.10 / -10.32 |
| 5 May 2023 08:30 ET | 2023-04 | 2,033.87 | -9.77 | -7.23 | -25.63 | -25.70 | +-0.18 / -29.65 |
| 10 Mar 2023 08:30 ET | 2023-02 | 1,833.59 | +5.30 | +6.05 | +10.15 | +15.85 | +16.09 / -0.03 |
| 3 Feb 2023 08:30 ET | 2023-01 | 1,913.74 | -10.25 | -17.36 | -25.65 | -32.88 | +0.04 / -38.55 |
| 6 Jan 2023 08:30 ET | 2022-12 | 1,835.93 | +1.93 | +3.95 | +11.55 | +9.90 | +16.73 / -0.85 |
| 2 Dec 2022 08:30 ET | 2022-11 | 1,798.52 | -13.29 | -11.80 | -14.92 | -12.79 | +0.09 / -20.10 |
| 4 Nov 2022 08:30 ET | 2022-10 | 1,650.26 | -2.81 | -1.40 | +5.85 | +14.31 | +16.80 / -8.75 |
| 7 Oct 2022 08:30 ET | 2022-09 | 1,710.35 | -4.73 | -1.26 | -9.14 | -9.07 | +2.99 / -19.90 |
| 2 Sep 2022 08:30 ET | 2022-08 | 1,705.11 | +5.24 | +4.43 | -0.80 | +5.33 | +9.94 / -0.87 |
| 5 Aug 2022 08:30 ET | 2022-07 | 1,788.75 | -10.15 | -11.31 | -15.17 | -18.28 | +-0.03 / -23.79 |
| 8 Jul 2022 08:30 ET | 2022-06 | 1,740.94 | -6.87 | +1.38 | -4.38 | +0.76 | +2.73 / -8.13 |
| 3 Jun 2022 08:30 ET | 2022-05 | 1,863.42 | +0.57 | +0.33 | -4.75 | -2.67 | +2.37 / -6.97 |
| 6 May 2022 08:30 ET | 2022-04 | 1,884.36 | +3.15 | +3.40 | +0.02 | -4.13 | +5.66 / -10.21 |
| 1 Apr 2022 08:30 ET | 2022-03 | 1,929.95 | -1.39 | -1.09 | +1.74 | -5.54 | +3.84 / -7.83 |
| 4 Mar 2022 08:30 ET | 2022-02 | 1,944.53 | +0.17 | +1.60 | -0.42 | +5.97 | +6.35 / -2.18 |
| 4 Feb 2022 08:30 ET | 2022-01 | 1,813.02 | -6.13 | -11.98 | -15.22 | -13.34 | +0.45 / -20.94 |
| 7 Jan 2022 08:30 ET | 2021-12 | 1,788.80 | +4.28 | +3.76 | +1.45 | +3.31 | +7.13 / -6.51 |
| 3 Dec 2021 08:30 ET | 2021-11 | 1,769.67 | +6.94 | +0.23 | +3.74 | +1.50 | +8.73 / -3.51 |
| 5 Nov 2021 08:30 ET | 2021-10 | 1,792.46 | -3.04 | -4.20 | -1.90 | +9.31 | +11.18 / -7.42 |
US dollars per ounce from the close of the last minute before the release; minute bars (bid) from one broker feed. Method
Next NFP
6 Nov 2026, 08:30 New York (13:30 UTC); 4 Dec 2026, 08:30 New York (13:30 UTC). The measured reaction appears on this page shortly after the release.
All releases compared · Gold after US inflation (CPI) · Gold after Fed rate decision (FOMC) · Gold after PCE inflation
Questions
How much does gold move after NFP?
Over 57 NFP releases since 5 Nov 2021: a median of $6.91 in the first minute, $8.58 in 5 minutes, $8.23 in 15 minutes and $9.07 after an hour, measured from the last price before the release.
Does gold go up or down after NFP?
Either: gold was higher an hour after 56% of releases and lower after the rest. The direction depends on how the number compares with expectations; the size of the move is more consistent than its direction.
What was the biggest gold move after NFP?
4 Sep 2026: a first-hour swing of $107.85 from $4,473.29.
When is the next NFP?
6 Nov 2026, 08:30 New York time (13:30 UTC).
Page data last updated: · Measured and edited by Adrian Troy · How we measure