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Spot gold slides to $3,864/oz after U.S. existing-home sales fall 5.5% to 3.75 million in October

Barchart·11/12/2026 09:24:06
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(Kitco News) - Spot gold is falling further into the red this morning after the latest data showed the U.S. housing market performing below expectations last month.Total existing-home sales, including single-family homes, townhomes, condominiums, and co-ops, fell 5.5% to a seasonally adjusted annual rate of 3.75 million in October, the National Association of Realtors (NAR) announced on Thursday.