Spot gold rose 0.5% to $2,022.84 per ounce by 10:14 a.m. ET (1514 GMT). U.S. gold futures rose 0.4% to $2,023.20. Benchmark 10-year Treasury yields slipped after the GDP data. The U.S. economy grew faster than expected in the fourth quarter amid strong consumer spending, with growth for the full year coming in at 2.5%.