Gate Cryptocurrency News and Market Analysis

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U.S. Housing Starts Plunge 15.4% in May as Gold Gains Safe-Haven Bid

The U.S. Commerce Department announced on Tuesday that housing starts fell more than 15% in May to a seasonally adjusted annual rate of 1.18 million units, significantly below economists' forecasts of around 1.43 million units. The sharp decline in construction activity comes as the gold market
LucasBennett·57m ago

Record 45% of Central Banks Plan Gold Reserve Increases, WGC Survey Finds

The World Gold Council's 2026 Central Bank Gold Reserves Survey, published Tuesday, found that a record 45% of central banks expect to increase their gold holdings over the next 12 months, up from 43% in 2025. The survey showed 89% of reserve managers anticipate global central bank gold holdings
LucasBennett·58m ago