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China Repo Rates Diverge Friday


A$700mn Of ACGB Apr '26 Auctioned

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Gold has stuck to a narrow range in Asia-Pac trade, last printing a handful of dollars lower vs. closing levels at $1,775/oz after backing off from best levels on Wednesday as the DXY recovered from the worst levels of the day. Bulls still haven't managed to force a real challenge of $1,800/oz, with the technical picture remaining unchanged. Focus during the remainder of the week will likely fall on the raft of Fedspeak that is due, as well as the latest U.S. PCE reading.