Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
Home sales fell 1.9% last month to a seasonally adjusted annual rate of 4.14 million units, down from March’s rate of 4.22 million, the National Association of Realtors said on Wednesday. The data missed expectations as economists forecasted remain roughly unchanged.The disappointing housing market data is not having much impact on gold. June gold futures last traded at $2,399.80 an ounce, down 1% on the day.
Democrats are seen as shifting their approach to cryptocurrencies recently as crypto has emerged as a hot-button issue in the 2024 election season. - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher. - Wednesday, May 22—June bitcoin futures prices are higher in early U.S. trading Wednesday, and on Tuesday hit a six-week high.
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