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Markets are still concerned about the Corona mutant, Omicron, and the first case was detected in Japan, despite the country closing its borders to arrivals from other countries.
Spot gold rose 0.3 percent to $1,778.56 an ounce. US gold futures rose 0.2 percent to $1,780.60.
On Tuesday, gold fell to its lowest level in a month after Federal Reserve Chairman Jerome Powell said that the Fed would consider whether to end its bond-buying program earlier than expected at its meeting scheduled for this month. He also indicated that the word “temporary” “Is no longer an accurate representation of the inflation situation.
The Nikkei index ended trading on Wednesday, up 0.41 percent to 27,935.62 points, after rising nearly 1 percent.
The broader Topix index compensated for its early losses, rising 0.44 percent to 1,936.74 points.
The Nikkei has lost 5.7 percent in the past three sessions, while the Topix has fallen 4.8 percent.
The UK manufacturing sector activity expanded less than expected in November, the final report from IHS Markit confirmed on Wednesday.
The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised lower from 58.2 to 58.1 in November, missing expectations of 58.2.
