0112 GMT [Dow Jones] Spot gold steady at $911.40/oz, up 40 cents vs NY close. Market looking to "very important string of events," says Adrian Koh, analyst at Phillip Futures; aside from today's U.S. bank stress tests, ECB, BoE meet on interest rates, U.S. non-farm payrolls data due for release tomorrow. To some extent news already priced in, several banks expected to be asked to raise additional capital, U.S. private employment sector report yesterday better than expected; "gold's reaction will depend on to what extent priced in expectations will be met." India gold demand also key, but physical buyers retreat as gold rises above $900. Adds gold trading above $910 a positive technical signal, if prices can hold $910-$920, signals test towards $940.(EFB)
NCM Price at posting:
$30.49 Sentiment: None Disclosure: Held