Gold futures prices hit new high 15 January 23:23 due to tensions in the Middle East
With the tension in the Middle East growing, gold, which is a relatively safe asset in the financial markets, was bought, and the Tokyo Commodity Exchange reached its highest futures price.
On the 6th, the first gold futures trade on the Tokyo Commodity Exchange, a buy order was placed immediately after the commencement of trading, and prices rose significantly.
Of these, the future price of December, which is the center of the transaction, temporarily exceeded 5480 yen per gram, more than 170 yen compared to the end of last year, a rate of more than 3%, and gold futures traded Became the highest since 1982.
This is because as the Iranian commander is killed by the U.S. military and the situation in the Middle East is tense, an increasing number of investors are buying gold, which is considered a safe asset, to prepare for risks.
Market officials said, "The prospects for the Middle East are difficult to forecast, and there is a possibility that the movement to sell stocks and other assets and buy gold, which is unlikely to fall even in the event of an emergency, will continue in the future."