Gold News

Gold Investment "Could Rise 8-Fold" in Japan

ACCORDING TO Tokyo's largest publicly traded bank, demand for Gold ETFs in Japan may increase by as much as eight times within a year.

Japan's large amount of public debt may drive consumers to Gold Investing in order to safeguard their wealth from further economic factors, says Mitsubishi UFJ. This could push Gold ETF volumes up to eight times their current level.

More and more consumers are looking to Buy Gold to keep their money safe, says Paul Yamamura, a Tokyo-based trader with the international Sumitomo Corporation.

"Owning physical gold has become popular among individual investors," he told Bloomberg.

The world's largest Gold ETF – the SPDR Gold Trust, primarily listed in New York and holding Gold Investment bars at HSBC bank in London – has a cross-listing on the Tokyo Stock Exchange.

Gold Prices in Japanese Yen have risen from 45,000 per ounce five years ago, to almost ¥110,000 per ounce today.

How best to Buy Gold today? "If there's an easier route to buying investment gold, I have not found it," says one BullionVault customer. Find out for yourself and start Investing in Gold here...

Roy Peel is working as a research assistant at BullionVault, the world's No.1 gold and silver ownership service for private investors.

See the full archive of Roy Peel articles.

Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.

Follow Us

Facebook Youtube Twitter LinkedIn



Market Fundamentals