Gold futures scored a fifth straight session of gains on Tuesday, with European jitters and worries about a potentially overheated equity market helping to lift prices to their highest level in nearly three weeks.
Gold for April delivery GCJ5, -0.16% rose $3.70, or 0.3%, to settle at $1,191.40 an ounce on Comex — the highest settlement for a most-active contract since March 5. May silver SIK5, -0.43% advanced 9.2 cents, or 0.5%, to $16.983 an ounce.
Tokyo (Nikkei Average NIK, -0.24% ) down 0.5%
Hong Kong (Hang Seng Index HSI, +0.37% ) up 0.4%
Shanghai (Shanghai Composite Index SHCOMP, -1.05% ) down 1.1% at break
Sydney (S&P/ASX 200 XJO, -0.01% ) down 0.1%
Seoul (Kospi SEU, -0.04% ) flat
Mumbai (Sensex 1, +0.17% ) up 0.3%
Taipei (Taiex Y9999, -0.66% ) down 0.5%
SINGAPORE shares overcame an overnight decline in the US markets to post a modest gain early Wednesday as the Straits Times Index edged up 0.02 per cent, or 0.75 point, to 3,414.01 as at 9:01am.
Among the most active counters was SIIC Environment Holdings, which rose 2 per cent or 0.3 Singapore cent to 15.3 Singapore cents after announcing an acquisition. K1 Ventures was active but flat at 20.5 Singapore cents.
A total of 30.8 million shares worth S$68.4 million had changed hands as at 9:01am. Losers outnumbered gainers 66 to 53.
