Gold prices dropped near session lows following data showing U.S. housing starts fell 5.2% in September to 1.221 million units, below the expected 1.3 million. Building permits also declined slightly by 0.2%. The weaker housing market reflects the impact of higher prices and mortgage rates due to the Federal Reserve's tightening, which has reduced new homebuyer activity. This sector's slowdown weighs on the overall U.S. economy and influences gold prices as investors react to economic signals.
Spot gold price near session lows after U.S. housing starts fell 5.2% in September. For readers following Real Estate, here is Pluang's market snapshot as of Oct 20, 2026 19:14 WIB: Of 47 priced Real Estate-sector US stocks, 30 rose and 13 fell. Notable movers include VTR at USD 84.00 (-0.60%), O at USD 55.83 (+0.58%, 3% Sell / 97% Buy), and CCI at USD 81.49 (+0.53%, 100% Sell).
RoyaLand Company Ltd. announced Palazzo Chronicles, a free-to-play mobile match-3 puzzle game set in 19th-century Piedmont during Italy's reunification. Players help Adelaide restore her inherited family castle by solving puzzles and rebuilding rooms…
Route 92 Medical has secured a $100 million senior secured debt facility from Trinity Capital to strengthen its balance sheet and support ongoing product innovation and commercial growth. The funding will help the company expand its neurovascular int…
First Federal Savings Bank marks its 122nd anniversary, highlighting over a century of service to Southwest Indiana and Western Kentucky. The bank has grown from a single community institution to ten locations, focusing on personal service, local dec…
Aclarion, Inc. announced an 85% year-over-year increase in scan volumes for Q3 2026, contributing to a 117% growth for the first nine months of the year. The company highlighted the publication of supportive clinical data in the European Spine Journa…
The global electric vehicle (EV) components market is projected to grow from $486.4 billion in 2026 to $1.28 trillion by 2036, expanding at a 10.2% CAGR. Growth is fueled by rising EV adoption, advancements in battery systems, power electronics, and …
About the Author
