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+1.95     (+0.14%)
May 21, 2013 8:29:47 PM EST
4PM CLOSE:$1375.09 -23.25
Silver Price:
$22.54 +0.1 (+0.46%)
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  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
  • AZK Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
  • CGR Claude Resources (CGR) expands gold resources and grade at Santoy Gap
  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
Existing Home Sales Surge 10% in September
Monday, October 25, 2010 10:19 am EST
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beat expectations

Existing homes sales rose 10.0% in September to a seasonally-adjusted rate of 4.53 million, above the consensus estimate among economists of 4.25 million. Whether this better than expected data impacts the Fed’s upcoming monetary policy decision is up for debate, however.

The broader market extended higher on the news, while gold pared its gains but remained firmly in positive territory near the $1,340 per ounce level.

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