Asia markets mixed as Gold hits record high, Japan releases Tankan Survey

October 01, 2025 (MLN): Asia markets were mixed on Wednesday, tracking gains from Wall Street, as investors remained largely unfazed by the U.S. government shutdown.

Spot gold prices inched up 0.09% to a new record high of $3,875.32 as of 11:04 a.m. Singapore time.

In Japan, the Bank of Japan released the results of its third-quarter Tankan survey, a closely watched measure of business sentiment.

Across the region, markets showed mixed performance. Japan’s Nikkei 225 fell 1.16%, while the broader Topix lost 1.71%. In South Korea, the Kospi advanced 0.79%, and the Kosdaq gained 0.56%.

Taiwan’s Weighted Index led regional gains, rising 1.14% on the back of strong healthcare and technology stocks. Chipmaker TSMC jumped 2.3% after AI leader Nvidia crossed a $4.5 trillion market capitalization.

In Australia, the S&P/ASX 200 edged down 0.26%. Meanwhile, markets in mainland China and Hong Kong were closed for a holiday.

On Wall Street, major indexes closed higher overnight. The S&P 500 climbed 0.41% to 6,688.46, while the Nasdaq Composite rose 0.31% to 22,660.01.

The Dow Jones Industrial Average added 81.82 points, or 0.18%, finishing at 46,397.89, a fresh record high.

Investors in Asia now await the Reserve Bank of India’s interest rate decision later in the day.

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