Tokyo closes higher as Nikkei extends rally, gold and silver surge while Korea lags sharply
Executive summary: Tokyo and broader Asia-Pacific trading ended mixed but with clear leadership from Japan and Australia, while South Korea sold off hard. The Nikkei 225 rose +2.9% and the Nikkei 225 ETF gained +3.2%, but the Kospi fell -5.1%. In commodities, gold, silver, platinum and palladium all posted outsized gains, while WTI crude and natural gas weakened. The yen also softened against the dollar, adding another layer to the regional cross-asset picture. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 07:45 LONDON
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Tokyo Opens Higher as Nikkei Jumps, Gold and Silver Extend a Powerful Rally, Korea Slumps
Executive summary: Asia-Pacific markets opened with a sharp split in risk appetite, Japan and Australia advanced strongly while Korea and Hong Kong weakened. The Nikkei 225 rose +3.1%, the ASX 200 gained +3.3%, and the Nikkei ETF tracked the move higher, while the Kospi fell -4.5% and the Hang Seng slipped -1.3%. In commodities, gold, silver, platinum and palladium surged, while WTI crude and natural gas declined, and the yen weakened further against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 01:15 LONDON
Wall Street closes sharply higher as megacap tech, AI chips and precious metals power a broad rally
Executive summary: U.S. equities finished sharply higher, led by a powerful surge in megacap technology and AI-linked shares. Amazon, Nvidia, Microsoft and Meta posted double-digit gains, while the Nasdaq Composite and S&P 500 both advanced strongly. Gold, silver, platinum and palladium also rallied, suggesting investors rotated toward both growth and hard assets. Energy lagged, with WTI crude and natural gas lower, while Apple was the standout large-cap decliner. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 21:15 LONDON
