Gold prices rose today, supported by slowing US inflation in June and second-quarter GDP coming in below expectations, which will back the Federal Reserve's monetary easing. A weaker dollar also added to gold's appeal. As of 10:20 PM Thailand time, spot gold was up 55.73 dollars, or 1.38 percent, at 4,095.82 dollars per ounce, while COMEX gold futures for August delivery gained 52.50 dollars, or 1.30 percent, to 4,088.80 dollars per ounce. The US Commerce Department reported that the headline Personal Consumption Expenditures price index rose 3.7 percent year-on-year in June, slowing from 4.1 percent in May. The core PCE index, which excludes food and energy, rose 3.3 percent from 3.4 percent the previous month, and edged up just 0.1 percent month-on-month, below the 0.2 percent analysts had forecast. Meanwhile, the first estimate of second-quarter GDP expanded 1.5 percent, missing the 1.8 percent forecast and down from 2.1 percent in the first quarter, due to lower government spending and a decline in inventories, even as consumer spending rose 2.1 percent from 0.4 percent in the prior quarter.