Bob Takai

Asian shares slip slightly in early Monday trading

Asian shares slip slightly in early Monday tradingAsian shares slipped slightly on Monday, while gold and oil jumped amid reports of a prospective framework for new bond purchasing scheme by the European Central Bank (ECB).

On Monday, spot gold reached a fresh 4-month high of $1,676.45 per ounce, spot silver jumped to a near four-month high of $31.17 per ounce.

Supply concerns pushed oil futures up by more than $1 on Monday, while both U. S. crude and Brent jumped by 1.6 per cent to $97.69 and $115.38 per barrel.



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