Sales of new U.S. homes fall 15.4% in March; gold extends gains

(Kitco News) – Gold prices rose after news that sales of new U.S. single-family homes fell by 15.4% in March to a seasonally adjusted and annualized pace of 627,000. Spot gold extended its early strength, last trading up $24.30 to $1,738.40 an ounce.

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