(Kitco News) – The gold market is trading near session highs and approaching $5,000 per ounce after the latest economic data showed sales of durable goods for December fell less than expected.The Commerce Department announced Wednesday that U.S. durable goods orders fell -1.4% in December, following November’s unrevised increase of 5.3%. The data was better than expected, as the consensus view of economists called for a decrease of -2.0%.
