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2025-10-17 14:48:08
Some Japanese gold shops have suspended sales of small gold weights due to shortages. Japanese gold shops have announced a sales halt. The price of gold in Japan has been rising continuously recently, reaching 23,254 yen (approximately RMB 1,103.8) per gram today, breaking through the 23,000 yen mark for the first time. Physical gold trading is booming, with some gold shops even suspending sales of small gold weights. Tanaka Precious Metals announced on its official website yesterday that since late September, demand has skyrocketed, particularly for small sizes such as 5 to 50 grams, far exceeding its factory's existing production capacity. The company has decided to suspend sales of these sizes, with plans to resume in late November. The surge in gold trading has led to a significant increase in customers seeking to sell their gold, causing some stores to become overcrowded. To ensure safe operations and a stable supply, they are currently prioritizing the repurchase of their own-brand products to alleviate pressure on their stores. Furthermore, the price of silver in Japan has also hit record highs recently, currently reaching 290.51 yen (approximately RMB 13.7) per gram. The head of the Japan Precious Metals Market Association pointed out that the sales of silver in stockpiles have reached their limit, causing silver prices to rise further. (CCTV Finance)
