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March silver SIH5, -0.26% added 38 cents, or 2.3%, to end at $17.07 an ounce.
Platinum for April delivery PLJ5, +0.14% fell $1.20, or 0.1%, to settle at $1,220.40 an ounce, while palladium for March delivery PAH5, +0.28% slipped by $1.65, or 0.2%, to $779.65 an ounce. High-grade copper for March delivery HGH5, -0.21% fell a half cent to end at $2.581 a pound.
The total number of active U.S. oil and natural-gas drilling rigs looks like it has fallen off a cliff.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH5, -1.25% settled at $51.69 a barrel, up $1.21, or 2.4%, for the session Friday.
Gold prices scored their first gain in three sessions on Monday as financial turmoil in Greece, weaker-than-expected trade data from China and declines in U.S. equities buoyed the metal’s investment appeal.
Gold for April delivery GCJ5, +0.12% rose $6.90, or 0.6%, to settle at $1,241.50 an ounce on Comex. Prices had hit the lowest settlement since Jan. 14 in Friday’s session, losing 3.5% last week.
Here are the latest trading levels for Asia's major stock markets:
Tokyo (Nikkei Average NIK, -0.83% ) down 0.8%
Hong Kong (Hang Seng Index HSI, +0.02% ) flat (at break)
Shanghai (Shanghai Composite Index SHCOMP, +0.84% ) up 0.8% (at break)
Sydney (S&P/ASX 200 XJO, -0.33% ) down 0.3%
Seoul (Kospi SEU, -0.42% ) down 0.4%
Mumbai (Sensex 1, +0.31% ) up 0.4%
Taipei (Taiex Y9999, -0.25% ) down 0.3%
Asian markets slipped on Tuesday on renewed fears that Greece will default on its debt obligations, while Shanghai bucked the trend after China released data showing inflation at its lowest level in more than five years.
Investors took their cue from New York and Europe as the new anti-austerity government in Athens refused to back down on demands to renegotiate its bailout, putting on a collision course with its creditors.
Tokyo fell 0.64 per cent, Hong Kong gave up 0.19 per cent, Sydney fell 0.32 per cent, Seoul was 0.29 per cent lower and Shanghai gained 0.38 per cent.
