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- RhodiumApr 18, 202408:174,500.005,300.004,450.005,300.00--
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Gold in a holding pattern around $2,400 as U.S. existing home sales fall 4.3% in line with expectations
Kitco News | Apr 18
(Kitco News) - The gold market continues to consolidate around $2,400 an ounce as the U.S. housing market continues to stagnate at a lower level, with fewer new buyers entering the marketplace, according to the latest sales data from the National Association of Realtors (NAR).Thursday, the NAR said that existing home sales fell 4.3% to a seasonally adjusted annual rate of 4.19 million, down from March's sales rate of 4.38 million. The sales data fell in line with economists' expectations.
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