Asia markets edge up amid thinned holiday trade
Summary
Asian markets showed slight gains amid lighter holiday trading while gold and silver prices reached record highs influenced by US-Venezuela tensions and positive US economic data.
Key Points
- Asian markets edged higher amid holiday-thinned trading despite some exchanges being closed for Boxing Day.
- Gold hovered around a record high above $4,500 an ounce, and silver reached $75 an ounce for the first time.
- US shares closed at a record high this week, driven by strong US economic growth of 4.3% in Q3.
- Geopolitical tensions increased as Washington pressured Venezuela with a blockade on sanctioned oil vessels.
