Gold futures price renewed to the highest level Market participants "Price rising trend seems to continue" July 22 17:18
Reflecting that the outbreak of new coronavirus has spread again in countries all over the world and the future outlook is uncertain, “gold”, which is a safe asset in the financial market, is bought, and the futures price is the highest on the Tokyo Commodity Exchange. Updated the value.
The futures price of gold on the Tokyo Commodity Exchange on the 22nd was 6397 yen per gram, an increase of 123 yen from the 21st, which is the closing price of June next year, which is the center of the transaction. Since the transaction started in 1982, it has become the highest closing price.
Gold appears to be one of the safest assets in the financial markets and tends to be bought when concerns about the economic outlook grow.
There is a deep concern that the second wave of new coronavirus infections will once again spur the recovery of the global economy, and money is flowing into gold transactions.
In addition, the central banks of each country are implementing monetary easing one after another in response to the new coronavirus measures, and the large amount of funds is being supplied by the government's large-scale economic measures.
A market official said, "There is a lot of uncertainty about whether the spread of the new coronavirus infection will come to an end, and it seems that the gold price will continue to rise as one of the investment destinations."