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
SWIFT launches blockchain-based ledger project to support cross-border payments
US stock index futures mostly rise, with the S&P 500 up 0.4%
ORDER briefly reached 0.39 USDT, hitting a new all-time high
Trending news
MoreCrypto prices
More








