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Asia Stocks Turn Lower, Gold Jumps As Oil Slips

Published by: dailynews
Published on:

Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and a meeting of oil producers that could stop, or extend, the recent slide in prices.

One mover was gold, which climbed to $2,009 an ounce and briefly hit a six-month top of $2,017.82.

The approach of month end could also cause some caution given the hefty gains investors are sitting on. Japan’s Nikkei (.N225) eased 0.3%, but it still up 8.6% so far in November.

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