(Kitco News) Gold attempted to recover some of its early-morning losses as the U.S. pending home sales surprised on the upside in May.
The U.S. pending home sales were up 8% in May, rebounding after April’s 4.4% drop, the National Association of Realtors (NAR) said on Wednesday. Consensus forecasts were calling for a decrease of 0.8%.
The pending home sales index came in at 114.7 in May, marking the highest May reading since 2005.
Gold ticks up as U.S. pending home sales surge in May
- by: Anna Golubova
- June 30, 2021
- Source:
DYNAMIC WEALTH RESEARCH
- 10/27/2022
Pouring Liquid Gold by Dan Brown is licensed under CC BY 2.0
Pouring Liquid Gold by Dan Brown is licensed under CC BY 2.0
