Asian Shares Gain, Gold and Silver Climb After Wall Street Retreat

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News18•04-02-2026, 14:00
Asian Shares Gain, Gold and Silver Climb After Wall Street Retreat
- •Asian markets mostly rose, with South Korea's Kospi gaining 1.6% and Hong Kong's Hang Seng up 0.1%, despite a tech stock sell-off on Wall Street.
- •Tokyo's Nikkei 225 dropped 0.8% from a record high, with chipmakers Tokyo Electron and Advantest, and SoftBank Group seeing declines.
- •Nintendo shares plunged 11% despite strong profits, as concerns arose about the sustained sales momentum of the Switch 2 console.
- •Gold and silver prices climbed significantly (3.3% and 7.3% respectively), attracting renewed buying interest as safe-haven assets amid geopolitical tensions and a weaker US dollar.
- •US benchmark crude oil and Brent crude advanced, partly due to resurfacing tensions between the US and Iran.
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