Spot gold jumped nearly 2 percent to touch a new record high above $4,800 an ounce in Asian trade after the U.S. dollar suffered its biggest fall in over a month overnight on fears of offshore selling of U.S. assets - the so-called Sell America trade.

Oil prices fell more than 1 percent on persistent concerns about global oversupply and receding risks from Kazakh production halt.

China's Shanghai Composite index finished marginally higher at 4,116.94 after a choppy session. Hong Kong's Hang Seng index ended up 0.37 percent at 26,585.06, extending losses for a fifth consecutive session.

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