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The Independent UK

National

Elaine Kurtenbach

Asian shares are mostly lower after US stocks retreat

Asia United States Sanae Takaichi Sir Keir Starmer Bank of Japan

Japan Financial Markets - (ASSOCIATED PRESS)

Shares were mostly lower in Asia on Wednesday after U.S. stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time.

The price of gold was up $25.40 at $4,029.60 an ounce. U.S. futures and oil prices also advanced.

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