Most Asian markets in red, gold jumps above 1,240 mark

All the major Asian indices were trading marginally lower on Wednesday. Gold was trading around 1,240 mark while silver was trading around $16.85 mark.

Japan’s Nikkei was trading 0.57 pct lower at 19,807.50 points.

Hong Kong’s Hang seng was trading 0.23 percent higher at 25,278.00 points.

Australia’s S&P ASX200 was trading 0.88 percent lower at 5,799 points.

Shanghai composite index to open down 0.2 pct at 3,107.80 points and China's CSI300 index to open down 0.2 pct at 3,423.19 points.

Taiwan’s market was trading 0.61 percent lower at 9,970.31 points.

India’s NSE Nifty was trading around 0.05 percent lower at 9,511.55 points and BSE Sensex was trading at 0.09 percent higher at 30,620.03 points.