Gold price in Japan surpasses 20,000 yen for the first time, reaching a record high
ChainCatcher news, according to Golden Ten Data, Japanese gold giant Tanaka Precious Metals Industry Co. (Tokyo) set the in-store sales price of gold at 20,018 yen per gram (approximately 957 RMB) on the 29th, surpassing the 20,000 yen mark for the first time and reaching a historic high. The market expects that with the Federal Reserve's interest rate cuts, the appeal of non-interest-bearing gold will relatively increase, causing international gold prices to continue rising. In addition, the depreciation of the yen has also pushed up domestic sales prices in Japan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot gold has just surpassed the $3,820.00 per ounce mark.
Goldman Sachs upgrades global stock market rating to "Overweight," optimistic about economic outlook
Bitget AI assistant GetAgent integrates contract, wealth management, and trading bot functions
Trending news
MoreCrypto prices
More








