China
International futures prices of gold and silver dropped on Tuesday amid factors including strengthening of the U.S. dollar.
As of the close of trading, the gold futures for June delivery on the New York Mercantile Exchange settled 0.89 percent lower at 4,686.70 U.S. dollars per ounce.
The silver futures for July delivery closed at 85.591 U.S. dollars per ounce, down 0.42 percent.
Gold, silver prices drop on Tuesday
Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.67 percent to 4,242.57 points.
The Shenzhen Component Index closed 1.67 percent higher at 16,089.75 points.
The combined turnover of these two indices totaled 3.24 trillion yuan (about 473.5 billion U.S. dollars), marking the sixth consecutive trading day with turnover exceeding 3 trillion yuan.
The computing power and power grid sectors led the gains, while the pork industry posted the biggest declines.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.63 percent to close at 4,038.33 points.
The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 1.97 percent higher at 2,150.27 points.
Chinese shares close higher Wednesday
