The yellow metal has operated either side of...>

GOLD: The yellow metal has operated either side of the unchanged mark during

Asia hours, although it has been confined to a sub $5/oz range in spot trade,

last -~$3/oz at $1,465/oz.

- Sino-U.S. trade dynamics, as well as the latest developments in Hong Kong,

have been under the microscope in early dealing this week, as has the PBoC's 5bp

reduction in the rate that it applies to its 7-Day reverse repo facility, which

ultimately saw the yellow metal ease to intraday lows.

- On the flow side, Gold ETFs shed their holdings of the yellow metal at the

fastest weekly rate in nearly 3-Years over the course of last week.