A break below $1,930, now a support, may cause a fall to $1,915. On the daily chart, gold has broken a falling trendline and a resistance at $1,938. It is expected to rise to $1,965, the peak of a wave B.
The Singapore government has spent about S$100 billion ($75.45 billion) or 20% of its GDP, on virus-related relief to support households and businesses.
China's Dalian Commodity Exchange has moved to limit non-futures company members' single-day position openings for iron ore futures to 2,000 lots from Tuesday's session.
China will maintain policy support for its economic recovery, avoiding a sudden shift in policy, to help keep economic growth within a reasonable range in 2021, the Xinhua news agency said on Friday.
The analysts said they expected exports from the city-state to rise 3.6% year-on-year in 2020, below the government's official forecast range of 4% to 4.5% growth.
The planned launch is considered a timely step as Pakistan has a market of 76.38 million internet users, according to the estimates of the current year.
The flight was already being operated between the two cities, covering a staggering 9,534 miles. However, due to global coronavirus pandemic, the operation was shut for the time being.
The 41.2 percent quarter-on-quarter drop was the worst ever recorded in the city-state, which is considered a barometer for the health of global trade.