(Kitco News) - The gold market is once again holding its own above critical near-term support, even as the U.S. manufacturing sector appears to be more resilient than economists had expected, according to the latest regional data from the Philadelphia Federal Reserve.

(Kitco News) - Gold prices are trading near session highs this morning after the latest data showed the U.S. housing market delivering a weaker-than-expected performance last month.Housing starts fell 2.6% in July to a seasonally adjusted annual rate of 1.275 million units, the Commerce Department announced on Thursday. The data was worse than expected as economists looked for a rise to 1.310 million units. July’s number was also revised down to 1.309 million units.

(Kitco News) - Gold prices are trading near session highs on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.