Gold futures price update to 7,000 yen level Osaka Exchange August 7 12:52
On the morning of the Osaka Exchange on the 7th, the price of futures for "Gold" reached the highest price during the trading time, and exceeded 7,000 yen for the first time per gram. With growing concern over the future of the economy due to the spread of the new coronavirus, buying orders are gathering on gold, which is a relatively safe asset.
Gold futures trading in Japan takes place on the Osaka Exchange, which started as a general exchange at the end of last month.
On the 7th, buying orders swelled immediately after the start of trading, and the futures price of gold, the "June next year", which is the center of the trading, exceeded 7,000 yen per gram.
This is the first time since gold futures trading began in Japan in 1982.
As the spread of the new coronavirus spreads concerns about the future of the economy, gold purchase orders are increasing as a relatively safe asset.
Market participants say that the central banks of countries around the world, including Japan, have carried out large-scale monetary easing and that large amounts of money have flowed into the financial markets, leading to the highest gold futures price. I will.