Spot gold spikes to $4,969/oz after U.S. housing starts rise 3.9% in November, 6.2% in December 

(Kitco News) – Gold prices are trading near session highs this morning after the latest data showed the U.S. housing market improving more than expected in November and December.Housing starts rose 3.9% in November to a seasonally adjusted annual rate of 1.322 million units, the Commerce Department announced on Wednesday. The data was better than expected as economists looked for a decrease to 1.270 million units. October’s number was 1.246 million units.