Gold in Asia Down to U.S. $ 1.597/Troy Ons

Gold futures trade lower on Wednesday (4 / 1) in Asia after having strengthened during the week.

Gold for February delivery fell 0.35 to U.S. $ 1,597 per troy ounce on the electronic trading through Comex New York Mercantile Exchange. In trading Tuesday in New York, gold closed at U.S. $ 1600.50 per troy ounce. Quoted from marketwatch.com.

While U.S. oil prices rose in thin in Asia tsrade session on Wednesday (4 / 1) with positive U.S. data despite the political tensions in the Gulf is still there. U.S. light sweet crude oil rose 12 cents to U.S. $ 103.08 per barrel.

While Asian stocks mixed moves like Hang Seng index fell 0.7%, the Nikkei rose 1.2%, Shanghai index fell 1%, ASX index rose 2.1%, Kospi index fell 0.4%, STI index rose 0, 4%.

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