{"id":31330,"date":"2025-09-29T10:07:09","date_gmt":"2025-09-29T10:07:09","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=31330"},"modified":"2025-09-29T10:07:09","modified_gmt":"2025-09-29T10:07:09","slug":"gold-rallies-as-traders-eye-jobs-data","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/sv-eu\/analysis\/gold-rallies-as-traders-eye-jobs-data\/","title":{"rendered":"Gold Rallies as Traders Eye Jobs Data"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/02\/gold8-1024x559.png\" alt=\"\" class=\"wp-image-16981\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/02\/gold8-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/02\/gold8-300x164.png 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/02\/gold8-768x419.png 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/02\/gold8.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gold rose 1.44% to $3,814.85, extending record-breaking highs.<\/li>\n\n\n\n<li>Traders await U.S. labour data that could shape the Fed\u2019s next policy move.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Gold prices climbed to $3,814.85 on Monday, a gain of 1.44%, as traders continued to buy into the rally driven by expectations of further Federal Reserve easing.<\/p>\n\n\n\n<p>The move reinforced the metal\u2019s position near record highs, with safe-haven flows fuelled by ongoing geopolitical risks and U.S. political tensions.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Gold edged higher \u2014 after notching a sixth weekly gain \u2014 as traders weighed a potential US government shutdown <a href=\"https:\/\/t.co\/oWqgChAXuA\">https:\/\/t.co\/oWqgChAXuA<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1972466020871721238?ref_src=twsrc%5Etfw\">September 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Our research desk noted that U.S. employment data will be key to gold\u2019s next move. A weaker-than-expected jobs report, paired with stable unemployment, would add weight to the case for additional Fed rate cuts, making gold <a href=\"https:\/\/t.co\/tGCW74P4PG\" target=\"_blank\" rel=\"noopener\" title=\"\">more attractive in a lower-yield environment<\/a>.<\/p>\n\n\n\n<p>Uncertainty around President Trump\u2019s tariff policies, coupled with the looming threat of a U.S. government shutdown, has further bolstered demand for gold as traders seek protection from political and economic shocks.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Trump threatens mass firings of federal workers if government shutdown isn&#39;t averted, NBC News reports <a href=\"https:\/\/t.co\/pMv7BKqlJx\">https:\/\/t.co\/pMv7BKqlJx<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/twitter.com\/CNBC\/status\/1972391452534591702?ref_src=twsrc%5Etfw\">September 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>At the same time, momentum traders have joined the rally, with ETF inflows extending the upward pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>Gold (<strong>XAUUSD<\/strong>) surged to <strong>$3814.85<\/strong>, gaining <strong>1.44%<\/strong> on the day, marking another fresh high in its strong September rally. This move further cements gold\u2019s breakout above the <strong>$3600 psychological level<\/strong>, extending the bullish momentum that has been building since early September.<\/p>\n\n\n\n<p>The price action is well-supported by the <strong>5-, 10-, and 30-day moving averages<\/strong>, all sloping upward and stacked in a bullish alignment.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"453\" src=\"https:\/\/www.vtmarkets.com\/sv\/wp-content\/uploads\/sites\/10\/2025\/09\/image-30-1024x453.jpeg\" alt=\"\" class=\"wp-image-31331\" srcset=\"https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-30-1024x453.jpeg 1024w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-30-300x133.jpeg 300w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-30-768x340.jpeg 768w, https:\/\/www.vtmarkets.com\/sv-eu\/wp-content\/uploads\/sites\/10\/2025\/09\/image-30.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This shows strong short- and medium-term trend momentum, with buyers continuing to drive the market higher. The breakout also clears the previous resistance around <strong>$3750<\/strong>, turning it into new support if prices consolidate.<\/p>\n\n\n\n<p>Momentum signals confirm the bullish trend. The <strong>MACD<\/strong> remains firmly above the zero line, with the MACD line widening its gap over the signal line, and the histogram showing consistent green bars.<\/p>\n\n\n\n<p>This indicates strong upside pressure, with no immediate signs of exhaustion.<\/p>\n\n\n\n<p>Looking ahead, the next upside target lies around <strong>$3850\u2013$3900<\/strong>, where profit-taking could emerge. On the downside, <strong>$3750<\/strong> is now the first line of support, followed by stronger backing near <strong>$3600<\/strong>.<\/p>\n\n\n\n<p>The rally is partly fueled by persistent dollar weakness and broader safe-haven demand, suggesting gold could remain well-bid into October if macro uncertainty persists.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>The near-term outlook for gold remains constructive, with traders focused on the upcoming U.S. employment report. Weak labour-market figures could drive a further leg higher towards $3,850\u20133,900, while stronger data may prompt a pullback as <a href=\"https:\/\/t.co\/Hnl2Jflq8b\" target=\"_blank\" rel=\"noopener\" title=\"\">expectations of deeper Fed easing fade<\/a>.<\/p>\n\n\n\n<p>For now, the path of least resistance is still upwards, but volatility around labour and inflation data could test the conviction of gold bulls.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*d96fp5*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTczOTYxNzckbzgzJGcwJHQxNzU3Mzk2MTc3JGo2MCRsMCRoMA..*_ga_6XQ8153GYW*czE3NTczODczODQkbzE4MyRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_BG6LYEHPX1*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_7CG6454YR5*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_J8BRGZSREX*czE3NTczODczODUkbzEzMSRnMCR0MTc1NzM4NzM4NSRqNjAkbDAkaDA.*_ga_69Z54R4H9N*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_CY2VCKFC3C*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_TXZ07R2C21*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_17TMGY9BBE*czE3NTczODczODgkbzEzMCRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_2QCC3S2748*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_MWDVVSEVL5*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_EJCVQDC7VT*czE3NTczODczODkkbzEyNSRnMCR0MTc1NzM4NzM4OSRqNjAkbDAkaDA.*_ga_XJ4037XKK6*czE3NTczODczOTEkbzEyNCRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.*_ga_E7D2PCX624*czE3NTczODczOTEkbzEyMyRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold surged above $3,810 per ounce on Monday, supported by safe-haven demand and rate cut expectations. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":5,"featured_media":16981,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[11],"class_list":["post-31330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/comments?post=31330"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/posts\/31330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media\/16981"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/media?parent=31330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/categories?post=31330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/sv-eu\/wp-json\/wp\/v2\/tags?post=31330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}