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Asian stocks rally, Gold gradually moves higher

On the last working day of this week, Asian stocks erased its previous losses and trading higher on Friday. In addition, Gold is also steadily moving higher and currently supported around $1235 marks.

Japan's Nikkei 225 index rallied 1.29% to 16,350.71 points, while the broader Topix index gained 1.25% to trade at 1,323.94 points in Tokyo.

Shanghai Composite index was trading 0.88% higher to 2,765.34 points, while Hong Kong's benchmark Hang Seng index opened 1.92% higher at 19,256.53 points.

South Korea's markets also had a positive start on Friday, with the benchmark Kospi index jumping 0.23% higher to 1,923.83 points.

Australia's S&P/ASX 200 index traded 0.10% higher at 4,886.90 points in Sydney on Friday afternoon, and New Zealand's S&P/NZX 50 index traded little down at 6,222.64 points.

 

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