-
Gold price hits record highs in Japan, eyes on other currencies
Gold priced in Japanese yen traded at record-high levels in Japan Wednesday, according to local prices and media reports. The precious metal reached a new record high of 8,977 yen (USD $69.28) per gram, which was higher than the previous record of 8,969 yen (USD $69.22) per gram seen in April 2022, Jiji Press reported citing prices at a major precious metals seller Tanaka Kikinzoku Kogyo K.K. Market analysts see recession fears and concerns around inflation as the key triggers driving demand. Spot gold priced in yen per ounce is currently trading very close to record high levels seen in April 2022. In April of last ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From cnbc.com|Jan 25, 2023Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. Economists will be studying Thursday’s report on U.S. ...
-
From youtube.com/cmegroup|Jan 25, 2023USD weakness lifts gold above $1,940. Todd Colvin discusses.
-
From fxstreet.com|Jan 25, 2023|2 commentsGold price (XAU/USD) is aiming to test the $1,950.00 resistance for the first time in the past nine months as the US Dollar Index has faced immense pressure. The precious metal ...
-
- Newer Stories
-
From mining.com|Jan 25, 2023European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers of minerals needed for the energy transition, as the European Union ...
-
From fxstreet.com|Jan 25, 2023Silver price (XAG/USD) has witnessed a minor correction in its journey toward the round-level resistance of 24.00 in the Asian session. The white metal has broadly displayed a ...
-
From sprottmoney.com|Jan 25, 2023January is not a "delivery month" for COMEX gold. However, open interest and "deliveries" have surged during the month, so this week let's take a minute to get on the same page as ...
- Story Stats
- Posted: Jan 25, 2023 7:40pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 114
