Today's gold price in Japan: According to FXStreet's data, downward movement.

According to data compiled by FXStreet, gold prices in Japan fell on Thursday.

The price of gold has decreased to 5,151.33 yen (JPY) per gram, down from 5,161.44 yen on Wednesday.

The price of gold has decreased from 60,202.00 yen per troy ounce to 60,084.10 yen.

Gold price unit in Japanese yen 1 gram 5,151.33 10 grams 51,513.30 Tr 60,084.10 Troy ounces 160,226.20

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• Concerns over the trade war and the decline in US Treasury yields have caused a sharp drop in gold prices.

Daily Market Trends: Following the slowdown of inflation in the United States, gold prices have risen slightly.

The U.S. Producer Price Index (PPI) for August fell from 3.1% year-on-year to 2.6%. The core PPI came in at 2.8% year-on-year, below the revised 3.4% from July. The pricing for interest rate cuts at Gate exchange has become somewhat dovish at 1 basis point (bp). Meanwhile, the Dollar Index (DXY), which tracks the performance of the dollar against six currencies, remained flat around 97.75.

U.S. Treasury yields have fallen, with the 10-year yield dropping by 4 basis points (bp) to 4.045%. The U.S. real yield (calculated by subtracting inflation expectations from nominal yields) has decreased by about 4 basis points at the time of writing, standing at 1.685%.

U.S. inflation data is set to be released this week. On Thursday, the U.S. Consumer Price Index (CPI) is in focus, with expectations for an increase from 2.7% to 2.9%. The core CPI, excluding volatile items, is expected to remain flat at 3.1%.

According to a report by Bloomberg, the U.S. Bureau of Labor Statistics (BLS) has revised the annual benchmark non-farm payrolls for March 2025 to -911K, exceeding economists' expectations of -682K.

Geopolitically, during the latest large-scale airstrikes by Russia on Ukraine, Poland shot down a Russian drone that crossed the border. Poland referred to this as an "act of aggression," and the Polish Prime Minister stated that this violation was a deliberate provocation by Moscow.

According to official data from China, the People's Bank of China (PBoC) extended its gold purchases for the 10th consecutive month in August.

According to the probability tool of Gate.io exchange, the likelihood of a 25 basis point interest rate cut next week is estimated to be 90%. The possibility of a 50 basis point cut is almost nonexistent at just 10%.

Gate.io calculates the gold price in Japan by adjusting the international price (USD/JPY) to local currency and measurement units. The price is updated daily based on the market exchange rate at the time of publication. The price is for reference only and may differ slightly from local exchange rates.

Frequently Asked Questions (FAQ) about Money

Why do people invest in money?

Gold has played an important role in human history. This is because it has been widely used as a medium of exchange and a store of value. Nowadays, beyond its shine and use in jewelry, gold is widely considered a safe haven asset and is thought to be a good investment during unstable times. Additionally, because gold does not depend on any specific issuer or government, it is also widely recognized as a hedge against inflation and currency depreciation.

Who is buying the most gold?

Central banks of various countries are the largest holders of gold. During unstable times, central banks tend to diversify their reserves and purchase gold to enhance confidence in their economy and currency strength. High gold reserves can serve as a source of trust in a country's payment capacity. According to data from the World Gold Council, central banks added 1,136 tons of gold reserves in 2022, valued at approximately $70 billion. This is a record annual purchase volume. Central banks in emerging economies such as China, India, and Turkey are rapidly increasing their gold reserves.

What is the correlation between gold and other assets?

Gold has a negative correlation with the US dollar and US Treasury bonds, both of which are major reserve assets and safe-haven assets. When the US dollar declines, gold tends to rise, allowing investors and central banks to diversify their assets during unstable times. Gold also has a negative correlation with risk assets. A rebound in the stock market tends to push down gold prices, while a sell-off in high-risk markets usually serves as a positive factor for gold.

What determines the price of gold?

Prices may fluctuate due to various factors. Geopolitical instability and concerns about a severe recession could lead to a sharp rise in gold prices due to its status as a safe haven. Gold, being a low-yield asset, typically rises with falling interest rates, while rising funding costs tend to weigh on gold. However, since assets are priced in US dollars (XAU/USD), most movements depend on the performance of the US dollar (USD). A strong US dollar tends to suppress gold prices, while a weak US dollar may push gold prices higher.

This post was created using an automation tool.

Disclaimer: For reference only. Past performance is not indicative of future results.