Gold prices today (Thursday) climbed higher in morning trading, on track for global gains across three consecutive trading sessions.
U.S. pending home sales
- Gold Prices Today Rise 0.7% as Fears Reignite in Russia-Ukraine Region
- Don't Let May's Surge in the U.S. Pending Home Sales Index Fool You
Yesterday (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."to talk about the record-breaking U.S. Pending Home Sales Index numbers that were released the same day. According to the National Association of Realtors (NAR), its U.S. Pending Home Sales (PHS) Index increased 6.1% in May to 103.9.
Despite the jump, Fitz-Gerald disagreed with the notion that the housing market is coming back - and he's got the numbers to back it up...