Commodity Trade Mantra

Posts Tagged ‘Japanese Investors’

Now It's The Japanese Savers That Are Flooding Into Gold Bullion

Individual investors drove a 60% jump in sales of gold in June from May at Tanaka Holdings, the operator of Japan’s largest bullion retailer. Why the surge into gold? The yen’s appreciation in spite of the adoption of the negative-rate policy has kindled skepticism about the policy’s benefits. It’s also led to investors seeking to protect their assets in case Abenomics fails.

Gold Rush by Investors in Japan as Tax Rise Looms

Japanese investors are reportedly hoarding gold bars, aiming for short-term profits, as the country braces for its first sales tax hike in 17 years, seen as crucial for bringing down the massive national debt. Beginning April 1, Japan’s consumption tax will rise from 5% to 8%.

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