The U.S. Department of Labor released its April 2025 employment report, showing a stronger-than-expected increase in non-farm payrolls. The data indicated that 177,000 jobs were added during the month, exceeding market forecasts which were centered around 150,000 new positions.
UNEMPLOYMENT RATE UNCHANGED AT 4.2%
Despite the solid job growth, the unemployment rate remained unchanged at 4.2%. This suggests that while employment opportunities are expanding, structural imbalances in the labor market may still persist.
FED INTEREST RATE POLICY IN FOCUS
Economists consider these figures as crucial input for the U.S. Federal Reserve’s monetary policy decisions. A robust increase in employment may contribute to inflationary pressures, potentially prompting the Fed to maintain or even tighten its current interest rate stance. Conversely, the steady unemployment rate may encourage a more cautious approach.
GOLD PRICES FLUCTUATE AMID MIXED MARKET SIGNALS
Gold prices responded with volatility following the labor market data. The price of spot gold reached $3,269 earlier in the day before retreating to $3,252 as of 15:35 local time. This downward movement signals uncertainty in investor sentiment.
GRAM GOLD FOLLOWS SIMILAR TREND
In the Turkish market, gram gold mirrored the international trend. It climbed to a high of TRY 4,053 during the day but eased to TRY 4,041 by 15:52. Prices continue to fluctuate, reflecting broader market efforts to find direction.
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