Gold price finding new support as U.S. New home sales drop 6.2% in April

KITCO·May 28

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

A drop in US new home sales is reportedly providing support for gold prices. The decline in new home sales, which fell by 6.2% in April, is being seen as a factor in gold's potential rebound. Meanwhile, unrelated reports indicate that a former US government official was arrested after a large quantity of gold bars was found in their home.

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