News Headline Summary

After the first COMEX open for this week following yesterday's close, spot gold moves to fresh lows and now trades in negative territory, edging towards the psychological support level of USD 1600; trades USD 1609.34 last

Update details:

- In terms of risk events in the US, US President Obama is due to speak today at 1545GMT (1045EST) on Sequestration.
- Tomorrow also sees the release of the latest FOMC minutes, and market participants will be looking out for any hints of QE ending before the end of the year.

Print 13:23, 19 Feb 2013 - Commodities - Source: RANsquawk