News Highlight
US GOLD AT RECORD FOR SIXTH DAY; U.S. POLICY IN FOCUS.
OIL JUMPS TO $81, DOLLAR, CHINA DATA SUPPORT.
CHINA DATA CHEERS US COPPER TO TWO-YEAR HIGH.
INDIAN PEPPER FUTURES END OFF LOWS; OUTLOOK WEAK.
Fundamental Review
US GOLD HIT RECORD HIGHS FOR A SIXTH SUCCESSIVE SESSION ON FRIDAY AS THE DOLLAR FELL TO A SIX-MONTH LOW AGAINST THE EURO, WITH EXPECTATIONS FOR FURTHER U.S. MONETARY EASING DRIVING STRONG DEMAND FOR THE PRECIOUS METAL. COPPER RALLIED ON FRIDAY TO ITS HIGHEST IN MORE THAN TWO YEARS AS STRONG MANUFACTURING DATA FROM CHINA, THE WORLD’S LARGEST CONSUMER OF INDUSTRIAL METALS, BOOSTED DEMAND EXPECTATIONS.
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SELL NICKEL TGT 1068
SELL LEAD TGT 100
SELL COPPER TGT 357
SELL ALLUMINIUM TGT 103
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