Big non-agricultural data refers to the number of non-agricultural employees, employment rate and unemployment rate. It is a data index reflecting the employment situation of non-agricultural population in the United States, and it is also an important basis for the Federal Reserve to measure the national economy and adjust its monetary policy. It was released by the Bureau of Labor Statistics of the US Department of Labor.
Non-agricultural data will greatly affect the value of the dollar in the money market.
Anyone who knows something about precious metals trading knows that the price of precious metals often fluctuates greatly for a period of time before and after the release of non-agricultural data. To sum up, the increase in non-agricultural data shows that the US economy is improving, which is good for the US dollar and bad for gold and silver; On the other hand, if its value decreases, it shows that the US economy is in a downturn, which is naturally unfavorable to the US dollar.