India, Feb. 3 -- Asian stocks advanced on Tuesday as precious metals clawed back some ground after a historic sell-off and U.S. President Donald Trump announced that he agreed to a trade deal with India, helping ease trade tensions.
Gold and silver futures recovered today after a steep sell-off triggered by the nomination of Kevin Warsh as chairman of the U.S. Federal Reserve.
Gold traded up nearly 5 percent at $4,887 an ounce in Asian trade but analysts warned the turbulence isn't over.
The dollar held on to its gains after the release of upbeat U.S. manufacturing data and amid reports that the House of Representatives will likely pass the shutdown-ending funding package today.
Nevertheless, the U.S. Bureau of Labor Statistics (BLS) an...