ncms copper, page-15

indeed A,,,,

For you newry regarding your thoughts on 950,,

newswire fyi

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)