Asian markets trading on a mix note, Gold remains supported $1250

Asian markets are trading on a mix note on Monday. Gold remains supported above $1250 mark while Japanese Yen continues to gain against US dollar and trading around 111.20 marks.

Japanese markets remain closed for a third day in celebration of a national holiday.

Chinese markets have started the week on an upbeat note. Hong Kong's Hang Seng index was trading 0.33% higher at 20,740.44 points on Monday morning, and the Shanghai Composite rose 0.84% to 2,980.09 points in the first few minutes of trade.

South Korea's Kospi index slipped 0.24% to 1,986.82 points on Monday.

Australia’s benchmark S&P/ASX 200 index was trading 0.40% lower to 5,162.60 points on Monday afternoon in Sydney.

New Zealand's benchmark S&P/NZX 50 index was trading 0.16% higher at 6,634.10 points on Monday afternoon in Wellington.