Gold Holds Below $4,100 as June U.S. Durable Goods Orders Rise 0.3% vs 1.6% Forecast

Gold stayed below $4,100 as U.S. data pointed to softer manufacturing momentum. The Commerce Department said durable goods orders rose 0.3% in June after a revised 4.0% drop in May, missing the 1.6% consensus estimate, while gold continued to struggle to draw a steady safe haven bid.