Mumbai, Dec. 15 -- Asian stocks fell on Monday as investors fretted over tech valuations and digested disappointing economic data from China.

Gold soared nearly 1 percent to a seven-week high in Asian trade as the U.S. dollar struggled to regain traction ahead of the release of delayed U.S. jobs and inflation data as well as a slew of central bank decisions due this week.

Oil ticked higher as Venezuelan supply disruptions outweighed concerns over a massive oversupply in the new year.

Chinese shares ended lower as bondholders of distressed developer China Vanke rejected a proposal to extend a bond payment and a slew of Chinese economic data underscored structural weaknesses.

The benchmark Shanghai Composite index dipped 0.55 percent to...