Gold edges up after U.S. orders, spending data
Dec.23, 2011
NEW YORK (MarketWatch) — Gold futures recovered a small gain on Friday after a report said U.S. durable-goods orders rose 3.8% in November, more than many economists expected. Personal spending rose 0.1% last month, a little less than forecast. Gold futures for February delivery added 60 cents to $1,611.20 an ounce, and from $1,619.90 an ounce before the data. Analysts also noted that volatility may be higher because of very thin trading volume, potentially exaggerating moves that may otherwise be of minimal significance.
Originally from MarketWatch


