A Sudden Spike: Gold Soars Nearly 2% as Housing Data Hits the Wire At 8:30 AM EST, U.S. housing data came in hotter than expected. Housing starts rose 3.9% in November and 6.2% in December, surprising analysts who expected declines. But markets didn’t respond with cheers—they responded with panic. Gold prices exploded, peaking at $4,969.10 per ounce, a daily gain of nearly 1.6%. Why would an improving housing market cause a rush into safe-haven assets? Because smart money knows this isn’t strength—it’s a warning signal. Housing "Recovery"? Or Just Another Illusion? The official numbers show rising construction and slightly higher building permits. But don’t be fooled. We’re not seeing organic growth driven by a strong middle class or rising wages.…
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