[GOLD]

[GOLD] continues to be hit by fund unwinding to hit a Usd 918.80 low on bullion after a Usd 930.75 o/n high. However, some mkt talk that portfolio adjustment out of gold towards equities has abated while a UK clearer has come out with a positive report on the back on the l-term inflationary consequence of quantitative easing. [OIL] also seeing a new leg lower as NY funds join in the selling to around Usd 52.20, down just under Usd 1.75 on the session. Jpn's Showa refinery and Total cutting Texas refinery output as demand deteriorates has weighed. US weekly crude stocks are expected to rise 1./1 mn with refinery cap util unchanged.