Spot Gold Tops 4,060 per Ounce After NY Fed Empire State Index Jumps to 15.6 in July From 5.7

Spot gold rose above 4,060 per ounce after the New York Fed said its Empire State manufacturing index climbed to 15.6 in July from 5.7 in June, beating the 6.2 consensus estimate. The report cited strong gains in new orders and shipments, lifting prices to session highs.