Asia-Pacific markets set to open mixed as Middle East worries dent sentiment

Asia-Pacific markets are set to open mixed. According to CNBC World, they were previously set to open broadly higher on Monday, after closing mostly in the green on Friday.

Concerns over the Middle East are affecting market sentiment. Gold and silver prices have been volatile due to various factors, including US inflation data and interest rate expectations. The US Consumer Price Index report for August is due on September 11.

Precious metals, including gold and silver, ended lower last week. Gold futures fell 2.2 per cent and silver declined nearly 2 per cent on the Multi Commodity Exchange. In the international market, Comex gold futures dropped nearly 1.2 per cent and silver fell 1.52 per cent in New York, as per the Times of India.

Brief written by urgent.news from CNBC World, Times of India — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.