Gold and Asian Stocks Surge Amid Calmer Metal Markets and U.S. Factory Boom
Asian equities and precious metals rebounded after sharp losses as markets stabilized following geopolitical and trade developments, with the MSCI Asia Pacific Index rising 2.4%, Bloomberg reported.
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A calming on the metal markets and good US economic data have boosted the Asian stock markets on Tuesday. Gold recovered from its recent price collapses.
Asian Stocks Rebound With Gold as Volatility Eases: Markets Wrap
(Bloomberg) -- Asian stocks recovered from their worst selloff in more than two months as a rebound in gold and silver helped calm markets after Monday’s volatility, with technology shares also rebounding.
Gold and Asian Stocks Surge Amid Calmer Metal Markets and U.S. Factory Boom
Gold and Asian Stocks Surge Amid Calmer Metal Markets and U.S. Factory Boom In the wake of tumultuous metal market movements, gold and Asian stocks saw a notable rebound on Tuesday, as the trading landscape took on a calmer tone. This change in mood was largely due to a significant surge in U.S. factory activity reported overnight.Japan's Nikkei index recovered by 2.5% after Monday's losses, while South Korea's KOSPI climbed 4%. Market futures a…
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