MW: Gold edges up after U.S. orders, spending data
By Deborah Levine
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 GC2G -0.10% 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.
