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Gold Hits $4,134 as U.S. Existing Home Sales Drop 2.4% in June

2026-07-09 21:18:07

According to the National Association of Realtors, existing home sales fell 2.4% to a seasonally adjusted annual rate of 4.09 million in June, below consensus expectations for an unchanged reading. In response, gold prices climbed to session highs of $4,134.10 per ounce, up 1.5% on the day. The median home price reached a record high of $440,600, up 1.8% year-over-year, as the Federal Reserve's tightening bias continues to push mortgage rates higher.

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