A weaker yen lifted Japanese equities on Friday, while Wall Street's major indices slid in quiet holiday trading.
Financial institutions will profit from the shifting of retirement assets, but also face repayment risk from some seniors.
Gold settled 0.7% higher, up for a second consecutive session, and silver rose 0.2%, up for four consecutive sessions.
Major indexes traded lower in their first post-Christmas Day session, while a recent bond-market selloff deepened.
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