(Kitco News) – Gold prices are rising this morning after the latest data showed the U.S. housing market declining more than expected last month.Housing starts fell -8.5% in August to a seasonally adjusted annual rate of 1.307 million units, the Commerce Department announced on Wednesday. The data was far worse than expected as economists looked for a decrease of -3.4% to 1.370 million units. July’s number was revised to 1.429 million units.
