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FT: Inflation worries Japanese rush to buy gold

FT: Inflation worries Japanese rush to buy gold

Retail price hits record high above ¥10,000 per gramme as household attitudes to risk shift after years of deflation

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Sep 06, 2023
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FT: Inflation worries Japanese rush to buy gold
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Inflation worries fuel Japanese rush to buy gold

The FT

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Analysts say consumers until now had not had a strong incentive to move assets out of cash © Masafumi Ogana/The Yomiuri Shimbun via Reuters

The retail price of gold in Japan has jumped to an all-time high as the yen extends its historic slide against the US dollar and cash-laden households rush to fin…

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