Gold on news days

Three scheduled US releases move gold harder than anything else on the calendar: the jobs report, the inflation print, and the Fed’s rate decision. Plenty of sites will tell you that. This page shows you the part they cannot - what a specific rules-based strategy actually did on each of those dates, every leg, winners and losers.

Next high-impact release
Non-Farm Payrolls
Fri, Sep 4, 8:30 AM ET

Date taken from the official BLS schedule, not estimated. What NFP does to gold.

News days vs ordinary days

live
News day average
+63.5p
16 of 21 releases traded
Ordinary day average
+723p
110 days that traded

Both averages are per day that actually traded, over the same window, so the two sides are counted the same way. Releases where nothing closed are excluded from the news average for exactly that reason - the ordinary-day figure can only contain days that traded, so including empty releases on one side only would stack the comparison. Break-evens are excluded from both win rates, as everywhere else on this site. Every figure on this page recomputes from the live trade log and refreshes on its own about once a minute.

Every verified release, day by day

Tap a day to see every leg that closed on it.

CPI12 August 2026
0 legs0p
What was released
CPI, year over year
3.3%
July 2026 data
CPI, month over month
0.1%

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

No position closed on this date.

NFP7 August 2026
1 leg+544.6p
What was released
Non-farm payrolls
-23k
change on the month, as revised
Unemployment rate
4.1%
July 2026 data

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

Where gold traded, across our own fills
4316.49 - 4370.95 (544.6p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
FOMC29 July 2026
3 legs-997.3p
What was released
Fed funds rate, effective
3.63%
in force on the decision day

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

Where gold traded, across our own fills
4050.00 - 4105.19 (551.9p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI14 July 2026
2 legs+1,553.4p
What was released
CPI, year over year
3.5%
June 2026 data
CPI, month over month
-0.4%

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

Where gold traded, across our own fills
4000.49 - 4099.70 (992.1p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP2 July 2026
1 leg+376.9p
What was released
Non-farm payrolls
+20k
change on the month, as revised
Unemployment rate
4.2%
June 2026 data

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

Where gold traded, across our own fills
4140.74 - 4178.43 (376.9p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
FOMC17 June 2026
4 legs+1,783.7p
What was released
Fed funds rate, effective
3.63%
in force on the decision day

Source: the Bureau of Labor Statistics public data API, and the New York Fed for the policy rate - the primary publishers, read directly. BLS revises its estimates, so a figure here is the current official reading for that month rather than the number that printed on the morning. Actual figures only: analyst consensus is a commercial product we hold no licence for, so no “vs expected” is shown rather than one being guessed.

Where gold traded, across our own fills
4229.61 - 4317.63 (880.2p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI10 June 2026
6 legs+160.2p
Where gold traded, across our own fills
4050.00 - 4207.79 (1,577.9p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP5 June 2026
1 leg+372.4p
Where gold traded, across our own fills
4328.59 - 4365.83 (372.4p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI12 May 2026
2 legs-104.3p
Where gold traded, across our own fills
4686.19 - 4698.50 (123.1p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP8 May 2026
0 legs0p

No position closed on this date.

FOMC29 April 2026
2 legs-493.8p
Where gold traded, across our own fills
4550.00 - 4599.38 (493.8p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI10 April 2026
0 legs0p

No position closed on this date.

NFP3 April 2026
0 legs0p

No position closed on this date.

FOMC18 March 2026
4 legs-1,121.5p
Where gold traded, across our own fills
4832.54 - 5030.62 (1,980.8p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI11 March 2026
4 legs-1,038.7p
Where gold traded, across our own fills
5150.00 - 5221.53 (715.3p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP6 March 2026
4 legs-1,282.2p
Where gold traded, across our own fills
5085.10 - 5150.00 (649p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI13 February 2026
1 leg+430p
Where gold traded, across our own fills
4980.04 - 5023.04 (430p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP11 February 2026
4 legs-1,696.9p
Where gold traded, across our own fills
5039.28 - 5113.90 (746.2p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
FOMC28 January 2026
14 legs+2,529.5p
Where gold traded, across our own fills
5220.89 - 5550.87 (3,299.8p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
CPI13 January 2026
1 leg0p
Where gold traded, across our own fills
4582.89 - 4582.89 (0p apart)

This is the span between the highest and lowest price our own orders actually transacted at that day - not the day’s true high and low, which we do not hold a price feed for and will not estimate.

Read the write-up for this day →
NFP9 January 2026
0 legs0p

No position closed on this date.

What we do about it

This is why we tell members to trade light on news days

Reduce-risk reminders go out before every high-impact release, and have done since long before this page existed. The numbers above are the measurement that backs them: a news day has averaged +63.5p against +723p on an ordinary day, at a lower win rate (47.9% against 61.8%).

The reason is mechanical rather than mysterious. A scheduled release removes liquidity for a few minutes and widens the spread, so price can jump straight through a level instead of trading at it. A stop does not guarantee a fill at the price it was set - in that window it fills at whatever is there. Every part of a rules-based system that assumes an orderly market is weakest exactly then.

Smaller size is the whole adjustment. The rules do not change on a news day and no trade is skipped; what changes is how much a bad fill can cost you. Position size is the only lever that works on a risk you cannot forecast.

General information about how we run the strategy, not personal advice or a recommendation about your own position size.

By release type

ReleaseReleasesTradedNetAvg / traded dayWin / Loss / Break evenWin rate
NFP85-1,685.2p-337p3 / 6 / 233.3%
CPI86+1,000.6p+166.8p7 / 6 / 353.8%
FOMC55+1,700.6p+340.1p13 / 13 / 150%

Read the counts before the percentages. A win rate computed from two or three closed legs is not a win rate, it is a coin toss with a decimal point - which is why the number of releases and the number that actually traded are printed next to it rather than left off.

Upcoming releases

NFP4 September 2026
8:30 AM ET
CPI11 September 2026
8:30 AM ET
FOMC16 September 2026
2:00 PM ET
NFP2 October 2026
8:30 AM ET
CPI14 October 2026
8:30 AM ET
FOMC28 October 2026
2:00 PM ET
NFP6 November 2026
8:30 AM ET
CPI10 November 2026
8:30 AM ET
NFP4 December 2026
8:30 AM ET
FOMC9 December 2026
2:00 PM ET
CPI10 December 2026
8:30 AM ET
FOMC27 January 2027
2:00 PM ET

How to read this page

The sample is small, deliberately. Covers 21 verified releases since 2026-01-09. Only dates confirmed against the official BLS and Federal Reserve schedules are counted, so the sample grows by a handful of days each month rather than being back-filled from an estimate.

A handful of releases proves nothing about the next one. What it does give you is something checkable: named dates, named trades, and pip figures you can hold against a chart. That is a different and much lower claim than “our strategy performs well on news”, and it is the only one this page makes.

No expectations are shown. Analyst consensus figures are commercial products from Bloomberg and Reuters surveys, and we hold no licence for them. Rather than guess the number everyone actually trades against, the page shows the released actual and stops there.

Was this page useful?

Also in here

The news record shows what happened. The blog explains why it happens, and the calculators say what it would have meant at your size.

Educational information and a record of our own trading. Nothing here is financial advice, a recommendation, or a forecast. The long record on this site is a simulated backtest and is labelled as such wherever it appears; simulated results have inherent limitations and do not represent actual trading. Trading gold carries a substantial risk of loss, including all of your deposit. See the risk disclosure.

Start copying gold trades
From $49/mo · Cancel anytime
Start now