The price of "gold", which is considered a safe haven asset, is rising after a series of bankruptcies in the United States, and the retail price of "gold" handled by major Japanese precious metal companies is the highest ever. It has risen to 9000 yen per gram.
The retail price of gold announced on the 13th by the major precious metal company "Tanaka Kikinzoku Kogyo" reached a record high of 9000 yen per gram, which is 122 yen higher than last weekend.
The company says that the demand for gold, which is considered a safe haven asset, has increased following the bankruptcies of American banks one after another.
Eiichiro Kato, General Manager of Precious Metals Retail at Tanaka Kikinzoku Kogyo, said, ``Bank failures have had a major impact on the price of gold. However, if anxiety about the future intensifies, the number of people who want to buy gold may increase."