• Global risk appetite was limited in the previous week as economic growth concerns countered Chinese reopening optimism.

• Commodities, U.S. Dollar and Yields traded range bound.

• Dollar has been the major driving force for commodities that hit a fresh 7-month low.

• The Bank of Japan unexpectedly kept its yield curve tolerance band unchanged.

• U.S. retail sales fell 1.1% in December, whereas U.S. PPI fell by 0.5% in December.

• COMEX gold prices rose to a fresh 9-month high of $1,939 per troy ounce.

• COMEX Silver ended the week on a negative note, with prices falling 1.8%, to below $24 per troy ounce.

• Gold prices might see some profit booking ahead of a slew of central bank meetings in early February, with major focus on FOMC meeting. In the case of silver, the medium-term prospects remain bull ...