U.S. pending home sales index hits all-time low in January, gold trades down 1.43%
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The U.S. pending home sales index reached an all-time low in January, while gold prices fell by 1.43%.
February 27, 2025 | 3:30 pm
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NEGATIVE IMPACT
Gold prices fell by 1.43%, which could negatively impact the AAAU ETF that tracks gold prices.
AAAU is an ETF that tracks gold prices. A 1.43% drop in gold prices is likely to negatively impact the ETF's value in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50