08.05.2026 16:23
Gold prices rose after non-farm employment in the US came in below expectations at 115,000, while the dollar index declined; the gram of gold approached the level of 6,900 lira.
The eagerly awaited US non-farm payroll data has been released. Non-farm employment came in at 115,000 in April, leading to a rise in gold prices and a decline in the dollar index following the data.
EMPLOYMENT DATA FALLS BELOW EXPECTATIONS
According to the released data, non-farm employment stood at 115,000 in April. The previous month, March, this figure was recorded as 178,000. The unemployment rate remained unchanged at 4.3 percent. Average hourly earnings, closely monitored for inflation, also fell below expectations. Earnings, which showed an annual increase of 3.6 percent, were expected to come in at 3.8 percent.
RISE IN GOLD PRICES
Gold per ounce, which was at $4,707 before the data, rose to $4,732 as of 16:00 TRT after the announcement. Gram gold also gained support from the rise in ounce gold. Gram gold, which was at 6,863 lira before the data, increased to 6,901 lira after the data.
SILVER AND DOLLAR FRONT
Silver per ounce, which was at $80.61 before the data, moved to $81.46 after the data.
The dollar index, which was at 97.97 points before the data, fell to 97.87 points after the announcement.
The Euro/Dollar parity also saw a slight rise, moving from 1.1765 to 1.1779.