Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday.
Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic.
Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index
Stocks in Asia traded higher on Monday morning as investors shrug off concerns over the rising number of coronavirus cases stateside.
The Nikkei 225 in Japan rose 1.34% in early trade as shares of conglomerate Softbank Group and robot maker Fanuc jumped more than 2% each. The Topix index also advanced 1.44%. South Korea™s Kospi gained 0.6%.
Meanwhile, Australia™s S&P/ASX 200 added 1.44% as shares of major banks such as Commonwealth Bank of Australia and Westpac surged more than 2%...
Tokyo stocks opened higher on Monday, extending rallies on Wall Street on fresh hopes for coronavirus treatments.
The benchmark Nikkei 225 index was up 1.27 percent or 281.98 points at 22,572.79 in early trade, while the broader Topix index gained 1.28 percent or 19.67 points to 1,554.87.