The real cost of owning gold

For some investors, nothing captivates like gold. But ownership comes with considerations that don't encumber other asset classes.

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[BRIEFING.COM] The S&P 500 trades higher by 0.2%.

Just reported, existing home sales hit an annualized rate of 5.15 million units in July, while the Briefing.com consensus expected a reading of 5.00 million. The pace for July was up from the prior month's revised rate of 5.03 million units (from 5.04 million).

The Philadelphia Fed Survey for August jumped to 28.0 from 23.9. Economists polled by Briefing.com had expected that the Survey would slip to 15.5.

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