Asia stocks slip as gold slides, oil takes a spill
From nippon.com
Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar reached four-month highs on the euro after an upbeat U.S. jobs report lifted bond yields. Sentiment was shaken by a sudden dive in gold as a break of $1,750 triggered stop loss sales to take it as low as $1,684 an ounce. It was last down 1.4% at $1,738. Brent also sank 2% on concerns the spread of the Delta variant would temper travel demand. Holidays in Tokyo and Singapore made for thin trading conditions, leaving MSCI's broadest index of Asia-Pacific shares outside Japan down 0.5%. Japan's Nikkei was shut but futures were ...
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