Japan's gold price breaks through the 20,000 yen mark for the first time
2025-09-29 06:14:43
On September 29th, Japanese gold giant Tanaka Precious Metals Industry Co. (Tokyo) set the store sales price of gold at 200,018 yen per gram (about 957 yuan) on the 29th, breaking the 20,000 yen mark for the first time and setting a record high. The market expects that with the Federal Reserve's interest rate cut, the attractiveness of non-interest gold will increase relatively, the international gold price will continue to rise, and the depreciation of the yen will also push up the domestic sales price in Japan. In the context of unstable international situation, gold prices continue to soar.
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