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CHINA RATES

China Repo Rates Rise on Tuesday

US TSYS

ACGBs & Regional Demand Helping

THB

Cabinet Meeting Eyed Today

GOLD
GOLD: Spot last deals $6/oz higher on the day at $1,641/oz. This comes after the
yellow metal failed to benefit from the broader risk-off feel during Tuesday's
session, giving back the best part of $25/oz in the process. That could have
been a result of heavy profit taking given the recent run higher, and/or reflect
congested positioning.
- The Jan 8 high at $1,611.4/oz represents initial support, while resistance
levels are well defined.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com