Gold makes an attempt at the record high printed on Thursday at $2954.84.
The main focus around the Globe would be a test to $3000.00, but ahead of that level, next resistance comes at $2962.2 - 2.00 proj of the Nov 14 - Dec 12 - 19 price swing.
CANADA DATA: Q4 Business Profits +2.1% Led By Non-Financials
Feb-24 13:49
Canadian Q4 corporate net income before taxes +2.1% to CAD164.5B.
Increase driven by non-financial sector +3.2% led by telecommunications, motor vehicle manufacturing and mining while decline in pharmaceutical, petroleum and coal moderated those gains.
Financial sector -0.7%. Banking and other depository credit intermediation industry contributed most to sector decline due to asset sales and increase in non-recurring expenses. Gains in dividends and interest income partially offset decreases.
US TSY FUTURES: BLOCK: Mar'25 10Y Buy
Feb-24 13:43
+5,300 TYH5 109-17.5, post-time offer at 0830:02ET, DV01 $335,000. The 10Y contract remains under pressure, however, trading 109-16 last (-6).