en
Help Centre
Contact Us
Company Logo
Markets
Trading
Platforms
Tools & Resources
Loyalty & Promotions
About

Gold steady ahead of US NFP report

Gold steady ahead of US NFP report
  1. Home
  2. Market Analysis

Gold prices held steady on Friday as investors digested US President Donald Trump’s new tariff rates.

In the latest twist to the tariff saga, Trump signed an executive order reimposing reciprocal tariffs of 10% to 41% on dozens of countries.

Considering how these come into effect from August 7th, it could mean fresh volatility for gold prices next week.

In the near term, the precious metal may be influenced by the incoming US jobs report this afternoon. Markets are expecting the US economy to have created 104k jobs, a noticeable decline from the 147k witnessed in the previous month.

  • A stronger-than-expected figure may further shave back Fed cut bets, dragging gold prices lower.
  • A disappointing print may fuel concerns over the US economy, offering a platform for gold prices to rebound.

Looking at the charts, bears remain in control below the $3300 resistance with key levels of interest at $3315 and $3265.

GoldGold
Company Logo
Social Media Icon 1Social Media Icon 2Social Media Icon 3Social Media Icon 4Social Media Icon 5

Explore

  • Markets
  • Platforms

About

  • About Us

Support

  • Help Centre
  • Contact Us
  • Helpline: +44 2045 771 951
  • Bonovo Road, Fomboni, Island of Moheli, Comoros Union

Alpari, the trading name of Parlance Trading Ltd, Bonovo Road – Fomboni, Island of Mohéli – Comoros Union, is incorporated under registered number HY00423015 and licensed by the Mwali International Services Authority, Island of Mohéli as an International Brokerage and Clearing Company under number T2023236.

Risk Disclosure: Before trading, you should ensure that you've undergone sufficient preparation and fully understand the risks involved in margin trading.

Alpari does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

© 1998-2025 Alpari

Privacy PolicyClient AgreementRisk DisclosureCookie PolicyTerms of Business
logo
We value your privacy
We use cookies to give you the best-possible experience on our site and serve you personalised content. Click "Sounds good" to agree to our Cookie Policy.
Sounds good