gold

Spot gold trades a tad higher in Europe, at the bottom
end of a band of resistance at $1,670/oz-$1,700/ton, according to Barclays
Capital. While a lack of physical buying in Asia during the Chinese New Year
holiday this week could leave the metal vulnerable on the downside, "the
broader backdrop remains favourable for gold," says Suki Cooper of BarCap. The
attention of the broader markets is likely to be on Brussels today, where
euro-zone finance ministers.