MTECHTIPS GOLD

MTECHTIPS;-Gold dropped to a 2-1/2-week low on Monday, extending losses from the previous session, as investors fretted about uncertainty over Spain's bailout plan and as surprisingly good U.S. data
dented interest in gold. Hedge funds and money managers have raised their gold futures positions
to their most bullish in nearly 14 months. SPDR Gold Trust the world's biggest gold-backed exchange-traded fund, remained unchanged at 1340 tons on  Friday. Outlook:  Gold is expected to
trade with negative  bias  and later take cues from US economic data & US dollar index.
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