Spot gold holding above $3,030/oz after U.S. existing-home sales rise 4.2% in February
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Spot gold prices remain above $3,030/oz following a 4.2% increase in U.S. existing-home sales in February. This development may influence gold-related assets, such as the AAAU ETF.
March 20, 2025 | 2:30 pm
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The AAAU ETF, which is tied to gold prices, may see a positive impact as spot gold remains above $3,030/oz following a rise in U.S. existing-home sales.
The AAAU ETF is directly linked to gold prices. With spot gold holding above $3,030/oz, the ETF is likely to experience a positive impact. The rise in U.S. existing-home sales suggests economic activity, which can influence gold demand.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80