Gold skidded on Tuesday as its safe-haven appeal faded with Greece taking a much more accommodating stance on its standoff with the European Union on repayment of debt. Gold for April delivery GCJ5, +0.19% fell $16.60, or 1.3%, to settle at $1,260.30 an ounce. March silver futures SIH5, -0.01% rose 7 cents to $17.32 an ounce.
Tokyo (Nikkei Average NIK, +2.03% ) up 2.1% Hong Kong (Hang Seng Index HSI, +0.85% ) up 0.8% Shanghai (Shanghai Composite Index SHCOMP, +0.25% ) up 0.3% (at break) Sydney (S&P/ASX 200 XJO, +1.06% ) up 0.9% Seoul (Kospi SEU, +0.78% ) up 0.7% Mumbai (Sensex 1, +0.11% ) up 0.4% Taipei (Taiex Y9999, +0.73% ) up 0.8%
SINGAPORE share prices opened higher on Wednesday with the Straits Times Index up 16.36 points to 3,424.38. Volume was 60.6 million shares worth S$90.3 million. Gainers outnumbered losers 116 to 34.
Gold skidded on Tuesday as its safe-haven appeal faded with Greece taking a much more accommodating stance on its standoff with the European Union on repayment of debt.
