Asia markets edge higher amid holiday-thinned trade; gold and silver hit fresh highs
Australia and Hong Kong markets were closed for the holidays.
TL;DR
- Spot gold reached a record high of $4,530 per ounce, and silver hit an all-time high of $75.1 per ounce.
- Gold prices have increased by over 71% and silver by 158% year-to-date.
- Japan's Nikkei 225 rose 0.68% to 50,750.39, with gains in tech stocks.
- Tokyo's core consumer prices rose 2.3% in December, remaining above the Bank of Japan's target.
- South Korea's Kospi index added 0.51% to close at 4,129.68.
- China's CSI 300 rose 0.32% to 4,657.24.
- India's Nifty 50 fell 0.41%, and the BSE Sensex declined 0.45%.
- Australia and Hong Kong markets were closed for the holiday.
- U.S. equity futures showed slight gains after the S&P 500 and Dow Jones Industrial Average closed at record highs.