Gold is trading back towards $1850/oz and Asia always seems to prefer to buy the stuff, regardless of what happens overnight. This morning’s interbank reports still suggest that Asian central banks are not chasing this move higher, but will await pullbacks before buying again. The buying in Asia is still coming mainly from the retail physical market, with the new middle classes in China and India preferring to take their chances in Gold rather than some paper issued thousands of miles away. When put like that…