(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.

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