At the time of writing gold is rallying to session highs, sitting above $2,520. This week is all about US employment data releases, and all the information and inference they bring. Tomorrow is the big one: Non-Farm Payrolls data.
Non-Farm Payrolls data is always closely watched but there is a particular focus on this week’s as it will give a clear picture of how big a rate cut the FOMC will commit to, at their September meeting in a fortnight’s time.
For those wondering why Non-Farms’ Payroll carries so much weight, particularly this month, then take a look at our explainer recorded earlier today. It’s particularly useful if you’re wondering how and why it matters to the gold price.
Next week, we will be at the 50 Plus Show in Cork, Ireland! We’ll be there on Tuesday, September 10th, and Wednesday, September 11th. We’re looking forward to meeting lots of you there. If you haven’t already got your free tickets, click here. We’ll be selling a range of gold and silver bars and coins on the day, as well as answering any questions you may have about investing in and managing your bullion.
Our interview with David Hunter continues to grab the attention of many viewers, over 30,000 have watched so far. By way of reminder David has made several punchy (and unpopular) calls over the years, the most recent being $3,000 gold. Tune in here.
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