Gold prices steady, holding sharp gains in wake of soft U.S. jobs data
As traders approach another pivotal day for financial markets, Friday, July 25, 2025, brings a series of crucial economic data releases that could sway market dynamics. The spotlight falls on the Durable Goods Orders report, a key indicator of manufacturing sector health and consumer spending trends. This report, along with other significant economic events, is expected to provide valuable insights into the current state of the U.S. economy.
Major Economic Events to Watch
• 8:30 AM ET: Durable Goods Orders (Forecast:-10.4%, Previous: 16.4%) - Measures the change in total value of new orders for long-lasting manufactured goods, including transportation items.
Other Important Economic Events to Watch
• 8:30 AM ET: Core Durable Goods Orders (Forecast:0.1%, Previous: 0.5%) - Measures the change in new orders for long-lasting manufactured goods, excluding volatile transportation items.
• 11:30 AM ET: Atlanta Fed GDPNow (Forecast:2.4%, Previous: 2.4%) - Provides a running estimate of real GDP growth based on available economic data for the current measured quarter.
• 1:00 PM ET: Baker Hughes (NASDAQ:BKR) U.S. Rig Count (Forecast:421, Previous: 422) - An important business barometer for the oil drilling industry.
• 1:00 PM ET: U.S. Baker Hughes Total (EPA:TTEF) Rig Count (Previous:544) - Indicates overall drilling activity in the United States.
• 3:30 PM ET: CFTC S&P 500 speculative positions (Previous:-167.8K) - Provides insight into market sentiment for S&P 500 futures.
• 3:30 PM ET: CFTC Nasdaq 100 speculative positions (Previous:34.9K) - Offers a view of speculative positioning in Nasdaq 100 futures.
• 3:30 PM ET: CFTC Gold speculative positions (Previous:213.1K) - Indicates speculative interest in gold futures.
• 3:30 PM ET: CFTC Crude Oil speculative positions (Previous:162.4K) - Shows speculative positioning in crude oil futures.
Other Economic Events to Watch
• 8:30 AM ET: Durables Excluding Defense (Previous:15.5%) - Measures new orders for durable goods, excluding defense-related items.
• 8:30 AM ET: Goods Orders Non Defense Ex Air (Forecast:0.2%, Previous: 1.7%) - Tracks new orders for nondefense capital goods excluding aircraft.
• 3:30 PM ET: CFTC Aluminium speculative net positions (Previous:0.5K) - Provides insight into speculative positioning in aluminum futures.
• 3:30 PM ET: CFTC Copper speculative positions (Previous:40.7K) - Shows speculative interest in copper futures.
• 3:30 PM ET: CFTC Silver speculative positions (Previous:59.4K) - Indicates speculative positioning in silver futures.
• 3:30 PM ET: CFTC Natural Gas speculative positions (Previous:-74.0K) - Offers a view of speculative interest in natural gas futures.
• 3:30 PM ET: CFTC Wheat speculative positions (Previous:-65.5K) - Shows speculative positioning in wheat futures.
• 3:30 PM ET: CFTC Corn speculative positions (Previous:-129.5K) - Provides insight into speculative interest in corn futures.
• 3:30 PM ET: CFTC Soybeans speculative positions (Previous:15.3K) - Indicates speculative positioning in soybean futures.
For further information and the latest updates, please refer to our Economic Calendar, here.
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