(Kitco News) - Gold prices are holding on to modest gains but seeing little change as fewer U.S. consumers bought homes in November, according to the latest data from the National Association of Realtors (NAR).
Existing home sales fell 1.5% last month to a seasonally adjusted and annualized rate of 5.35 million units, compared to October’s downwardly revised annualized rate of 5.44million homes, the association said Thursday. Economists were expecting to see a sales rate of 5.44 million homes.
Gold prices remain relatively steady but economic data are having little impact on the yellow metal. February gold futures last traded at $1,480.70 an ounce, up 0.14% on the day.
2019-12-19 15:06:00Z
https://www.kitco.com/news/2019-12-19/Gold-prices-ignore-1-7-drop-in-U-S-existing-home-sales-in-November.html
CBMibWh0dHBzOi8vd3d3LmtpdGNvLmNvbS9uZXdzLzIwMTktMTItMTkvR29sZC1wcmljZXMtaWdub3JlLTEtNy1kcm9wLWluLVUtUy1leGlzdGluZy1ob21lLXNhbGVzLWluLU5vdmVtYmVyLmh0bWzSAQA
No comments:
Post a Comment