Conor Maloney
Conor Maloney is a journalist with hundreds of articles covering financial markets and topics published on sites like Yahoo Finance and GoldPrice.org.
He is passionate about blockchain, cybersecurity, and financial independence, and he believes in gold as a viable alternative to fiat currency.
Follow Conor at @iWriteCrypto on Twitter.
Gold Prices Hold Firm After Home Sales Increase Monthly, Plunge Annually
Existing home sales data released by the National Association of Realtors (NAR) shows that home sales increased for the month of November but hit a 7-year low annually.
U.S. Housing Starts Rebound, Single Family Homes Decline
U.S. home building is showing signs of recovery in select areas with November’s home building report showing a pronounced increase in multi-family home building. However, single family home construction is in decline which points to a weakening housing market overall.
Gold Prices Dip as Strong November Retail Sales Offset Fear of Slowdown
Gold prices have experienced losses today as the Commerce Department’s data on Retail Sales show strong activity, offsetting fears that the economy is slowing down. Core retail sales rose 0.9% in November compared to the 0.4% expected by economists.
ECB Rate Decision: No More Quantitative Easing
The European Central Bank has announced the end of the quantitative easing era, with bond-buying programs to end this month and maturing debt to be reinvested past the start of rate hikes.
Gold Prices Under Mild Pressure With Initial Jobless Claims Lower Than Expected
Gold prices have taken a slight dip this morning in the face of stronger-than-expected jobless claims data. The number of Americans who applied for unemployment benefits last week was 206,000 compared to the forecast 226,000, a near-49 year low.
CPI Shows Consumer Prices Unchanged in November
US consumer prices saw no change in November overall, largely moderated by the steep decline in the price of gasoline. Inflation pressure is holding firm with the cost of healthcare and rent steadily rising.
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