U.S. pending home sales fall less than expected in October, gold price still digesting GDP surprise

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U.S. pending home sales fall less than expected in October, gold price still digesting GDP surprise
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gold economy U.S. pending home sales fall less than expected in October, gold price still digesting GDP surprise

Gold is trading largely unchanged as the U.S. pending home sales surprised slightly on the upside in October despite the fifth consecutive monthly drop.

The pending home sales index was at 77.1 last month after registering 80.8 in September. On an annual basis, pending home sales were down 37% from October 2021.

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