Current Market Update

Tokyo (Nikkei Average) up 0.9% 
Hong Kong (Hang Seng Index) down 0.4% 
Shanghai (Shanghai Composite Index) up 0.5% (at break) 
Sydney (S&P/ASX 200) up 0.4% 
Seoul (Kospi) up 0.3% 
Mumbai (Sensex) down 0.1% 
Taipei (Taiex) up 1.5%

Platinum Market Update

January platinum PLF5, +0.11%  dropped $24.10, or 1.9%, to $1,217.50 an ounce, while March palladium PAH5, +0.60%  shed $4.35, or 0.5%, to $803.75 an ounce.

High-grade copper for March delivery HGH5, -0.45%  gave up a penny to $2.89 a pound.

Gold Market Update

The U.S. dollar’s strength against major rivals weighed on gold Tuesday, with the precious metal slipping back below the key $1,200 mark.

Gold for February delivery GCG5, +0.08%  fell $18.70, or 1.5%, to settle at $1,199.40 an ounce after closing above $1,200 on Monday for the first time since October. Meanwhile, March silver SIH5, -0.49% shed 24 cents, or 1.4%, to $16.46 an ounce.

The ICE U.S. Dollar Index DXY, -0.03%  rose 0.8% to 88.64 after hitting its highest level in over four years earlier in the session.