Christopher Vecchio, director of futures and foreign exchange at Tastylive.com: Gold prices are expected to move sideways next week, and it is recommended to buy on dips before the price trend changes. There is currently no sign that the trend of gold will change soon.

Ole Hansen, head of commodity strategy at Saxo Bank: Gold prices are expected to fall next week because they are in urgent need of consolidation after rising sharply in advance.

According to Agence France-Presse: Russia said on Saturday that it destroyed 47 Ukrainian drones over its southern region overnight, most of them in the Rostov region on the border with Ukraine, which is where the Russian military plans to launch military operations in Ukraine. hub of action.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 42.3 million cubic meters on Saturday.

Indian Petroleum Minister: Indian companies will invest US$96 billion to help increase the share of natural gas in India’s energy mix from 6% to 15%.

Naeem Aslam, chief investment officer at Zaye Capital Markets: Data confirms that the Federal Reserve must take some action, and traders have increased bearish bets on the U.S. dollar index, which is good for gold prices. We believe that the gold price target of $2,300 by the end of the year now looks more promising.

FXTM Senior Research Analyst Lukman Otunuga: In the coming week, it is worth paying close attention to a series of important data released by the United States, including the latest CPI report. Turning to technicals, gold’s next psychological level is $2,200. If the bulls decide to take a breather, it could trigger a pullback to $2,150.

U.S. Central Command: After determining that the Houthi armed forces posed a threat to merchant ships, U.S. Navy and coalition ships in the Red Sea, U.S. Navy ships and aircraft and multinational coalition naval ships and aircraft shot down 15 drones.

U.S. Central Command: Between 4 a.m. and 6:30 a.m. Yemen time, Houthi militants conducted large-scale drone attacks in the Red Sea and Gulf of Aden.

U.S. Central Command: U.S. and coalition forces defeat Houthi attack in Red Sea region.

The US military stated that the Houthi armed missiles had no impact on the ship and there were no casualties.

The US military said it carried out self-defense strikes against two trucks equipped with anti-ship missiles in areas controlled by the Houthi armed forces in Yemen.

According to the Associated Press: Three people died in a Texas National Guard helicopter crash.

According to the Associated Press: A United Airlines flight bound for Mexico made an emergency landing in Los Angeles due to hydraulic problems.

Vale SA (VALE.N) confirmed that its CEO will remain in the role until December 31.

SEC documents show that between March 6 and 8, the CEO of Dell (DELL.N) sold 2,040,879 company shares worth US$246 million.

U.S. Commodity Futures Trading Commission (CFTC): Stock fund speculators reduced their net short position in the CME Group S&P 500 Index by 31,617 contracts to 402,895 contracts in the week ended March 5.

U.S. Commodity Futures Trading Commission (CFTC): Equity fund managers reduced their net long positions in the CME S&P 500 Index by 24,150 contracts to 917,973 contracts in the week ended March 5.

U.S. Commodity Futures Trading Commission (CFTC): The net short position in Bitcoin for the week ended March 5 was -1,352 contracts.

U.S. Commodity Futures Trading Commission (CFTC): The net long position in sterling was 58,385 contracts in the week ended March 5.