Gold price at daily highs as U.S. durable goods disappoint in June

(Kitco News) Gold was trading at daily highs after the newly released data showed that orders for long-lasting U.S. factory goods were up 0.8%% in June versus the expected advance of 2.1%. 

Meanwhile, May's data was upwardly revised to an increase of 3.2% from 2.3%.

Following the release, gold prices were holding steady at daily highs amid a weaker U.S. dollar. August Comex gold futures last at $1,805.00, up 0.32% on the day.