Gold prices were flat Wednesday morning as traders assessed a flurry of economic news ahead of the Christmas break.
Gold for February was down 2 dollars at $1072 an ounce, having seen little movement this week following the rate hike from the Federal Reserve.
In economic news, US consumer spending rose 0.3 percent in November, according to data released last night.
This morning, the Commerce Department also reported personal income increases 0.3 percent in November.
U.S. durable-goods orders were unchanged, while core durable orders fell 0.4 percent.
The Commerce Department will also release its new home sales report for November at 10 am ET.
The material has been provided by InstaForex Company – www.instaforex.com