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Gold is still after December.



(Kitco News) –
Gold prices reduced early losses slightly after the US Department of Commerce report recorded that long-term US orders rose 1

.2% in December, while spot gold remained at $ 1.70 to $ 1,336.10 an ounce.

Metals were at $ 1335.30 in the past few minutes before reports on durable goods, weekly claims of the unemployed, and the Philadelphia survey. Consensus expectations, compiled by various information organizations, demanded that long-term goods increased somewhere between 1% and 1.4%. Previously, data for December were postponed by the US government's exclusion.

Except for transport, new orders rose by 0.1%, the government said. With the exception of defense, new orders rose 1.8%. Transportation equipment, which has increased for the last four and a half months, has increased by 3.3%. .

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