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Gold prices ignore 1.7% drop in U.S. existing home sales in November

Gold Investment Experts by Gold Investment Experts
in Gold Jewelry
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Gold prices ignore 1.7% drop in U.S. existing home sales in November
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Neils Christensen

(Kitco News) – Gold costs are holding on to modest beneficial properties  however seeing little change as fewer U.S. customers purchased houses in November, based on the most recent knowledge from the Nationwide Affiliation of Realtors (NAR).

Current dwelling gross sales fell 1.5% final month to a seasonally adjusted and annualized charge of 5.35 million models, in comparison with October’s downwardly revised annualized charge of 5.44million houses, the affiliation mentioned Thursday. Economists have been anticipating to see a gross sales charge of 5.44 million houses.

Gold costs stay comparatively regular however financial knowledge are having little impression on the yellow steel. February gold futures final traded at $1,480.70 an oz, up 0.14% on the day.

Gold prices ignore 1.7% drop in U.S. existing home sales in November 1



Gold prices ignore 1.7% drop in U.S. existing home sales in November 2

Disclaimer: The views expressed on this article are these of the creator and will not replicate these of Kitco Metals Inc. The creator has made each effort to make sure accuracy of knowledge supplied; nonetheless, neither Kitco Metals Inc. nor the creator can assure such accuracy. This text is strictly for informational functions solely. It isn’t a solicitation to make any trade in commodities, securities or different monetary devices. Kitco Metals Inc. and the creator of this text don’t settle for culpability for losses and/ or damages arising from the usage of this publication.



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