Japan Sees Boom in Gold InvestmentTokyo, 13 May (ONA) — Japan is seeing a boom in gold investment amid heightening concerns over a global economic slowdown.
The benchmark price of gold set by Tokyo’s Tanaka Precious Metal Technologies Co. hit an all-time high in yen terms on 22 April 2025, exceeding 17,000 yen ($115) and surging around 15 percent, Japan’s news agency (Kyodo) said.
Products linked to gold price movements have also become popular among investment trusts covered by Japan’s tax exemption program for private investors, known as NISA, while more people have started monthly investments in pure gold.
Among investment trusts, the inflows to the Mitsubishi UFJ fine gold fund that reflects gold prices totaled some 19.2 billion yen in March, up by about 2.6-fold from last December 2024.
At Tanaka Precious Metal, the number of people who purchased bullion and coins increased, while the number of its members investing in pure gold at fixed monthly values expanded 26 percent in the January-April period from a year earlier.— Ends/Khalid