Japanese Investors Flock to Gold Amidst Economic Uncertainty

Recent market data reveals a surge in interest for gold among Japanese investors amidst economic turmoil caused by global events like the U.S.-China trade war and concerns about potential financial instability. This trend, fueled by rising prices and government-backed investment programs, reflects a long-held belief that gold remains a safe haven against economic uncertainty. Japanese news sources report that investors are turning to both direct investments and tax-free investment vehicles like the new NISA program, which allows individuals to invest in products linked to gold’s price movements without incurring taxes. Tanaka Precious Metal Technologies highlights this surge in demand by noting that the price of gold reached a record high on April 22nd before easing down, with some recent spikes coinciding with political uncertainty and trade tensions.