1 gram exceeds 900 yuan, Japanese gold price hits a new high in over 50 years.

date
12/09/2025
On the 11th local time, the international gold price fluctuated near historic highs. As of the closing of that day, the price of New York gold futures has risen by about 4.5% since the beginning of this month. Recently, the domestic retail price of gold in Japan has also hit new highs, even breaking the highest record in over 50 years. The retail price of 1 gram of gold once exceeded 19,000 yen. Compared with the same period last year, the retail price of gold in Japan has increased by nearly 50%. In Japan's gold retail market, the rise in gold prices has directly led to changes in consumption and transactions. The person in charge of a gold jewelry recycling and sales shop introduced that recently, the proportion of customers selling their gold and buying gold has changed significantly: it used to be about half each, but now the customers selling gold have increased by about 20% compared to the same period last year.