FxWirePro: Asian markets drastically down, gold hovers around $1,580 mark

All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,580 mark while silver was trading around $17.62 mark.

Japan’s Nikkei was trading 1.97 pct lower at 22,933.50 points.

Australia’s S&P/ASX 200 was trading 0.33 pct lower at 7,008.50 points.

India’s NSE was trading 0.57 pct lower at 12,060.85 points and BSE sensex 0.56 pct lower at 40,969.43 points.

South Korea’s kospi was trading 1.80 pct lower at 2,146.06 points.

Hong Kong’s Hang seng was trading 2.00 pct lower at 26,600.50 points.

Taiwan’s TWII was trading 5.60 pct lower at 11,440.80 points.

China markets will remain close in observance of Spring Festival.