After reaching a new high in more than two weeks, gold quickly declined and turned negative during the day, while the South Korean stock market rose for the second consecutive day

Wallstreetcn
2024.12.11 05:36
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On December 11th, Asian stock markets were volatile, with Japan and Australia’s stock markets declining, while South Korea’s stock market rose for the second consecutive day. The market is focused on U.S. inflation data, and the U.S. dollar stabilized after three days of gains. Spot gold once fell by $6.82/ounce, currently reported at $2,680.72/ounce, having briefly surpassed $2,700/ounce this morning

On Wednesday, December 11, Asian stock markets fluctuated, with Japan and Australia’s stock markets declining, while South Korea's stock market continued its recovery momentum, rising for the second consecutive trading day. The market is currently awaiting U.S. inflation data for clues on interest rate cuts, and the U.S. dollar stabilized after three days of gains.

The Nikkei 225 index fell by 0.22%, the South Korean Composite Index rose by 0.78%, and the Australian S&P 200 index fell by 0.47%.

Spot gold briefly dropped by $6.82/ounce within 5 minutes, currently reported at $2,680.72/ounce.

The U.S. dollar index stabilized, slightly down by 0.01%.

The Nikkei 225 index fell by 0.22%, the South Korean Composite Index rose by 0.78%, and the Australian S&P 200 index fell by 0.47%.

The U.S. dollar index fell by 0.01%.

Spot gold briefly dropped by $6.82/ounce within 5 minutes, currently reported at $2,680.72/ounce. This morning, spot gold rose above the $2,700/ounce mark for the first time since November 25.

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