Asian markets significantly down, Gold hovers around $1,330 mark
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,331 mark while silver was trading around $16.68 mark.
Shanghai composite index to open down 1.5 pct at 3,411.67 points and China’s CSI300 index to open down 1.6 pct at 4,204.46 points.
Japan’s Nikkei was trading 2.46 pct lower at 22,701.50 points.
Australia’s S&P/ASX200 was trading 1.56 pct lower at 6,026.40 points.
Hong Kong’s hang seng was trading 1.17 pct lower at 32,188.20 points.
Taiwan stock was trading around 1.62 pct lower at 10,946.25 points.
South Korea’s Kospi was trading 1.11 percent lower at 2,597.66 points.
India’s NSE Nifty was trading around 0.66 percent lower at 10,689.70 points and BSE Sensex was trading at 0.97 percent lower 34,723.78 points.
Source: FXWire Commentary