Gold was trading just above $1,800 an ounce after the newly released data showed that orders for long-lasting U.S. factory goods were down 2.1% in November versus the expected decline of 0.6%. Meanwhile, October’s data was downwardly revised to an increase of 0.7%. Following the release, gold prices was largely unchanged, with February Comex gold futures last at $1,805.60, up 0.57% on the day. The monthly decrease in durable goods orders was $5.8 billion and was largely driven by transportation equipment. The November’s drop comes after three months of consecutive gains. The core durable goods section, which excludes ... (full story)