Gold prices slightly increased due to a weaker dollar as investors anticipate U.S. GDP growth data to gain a hint about when the Federal Reserve might pause its interest rate increases. Spot gold rose by 0.1% to $1,991.14 per ounce, while U.S. gold futures gained 0.2% to $2,000.20. New orders for U.S.-manufactured capital goods fell more than predicted in March, indicating that spending on equipment by businesses was likely to be a drag on economic growth in Q1. Takeover prospects Newcrest Mining announced falling gold production results.
