123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

The Avanti Group Japan’s Demand For Gold Exceed Imports

By Author: Akemi Avanti
Total Articles: 19

The Avanti Group the equities research house based in Tokyo, providing professional trading and investment research solutions to institutional and private investors across the globe have recently drawn their investor’s attention to the increasing demand in gold sales throughout Japan.

“There’s a big consensus from individual investors in Japan that are looking to introduce larger quantities of gold into their investment portfolios as an asset as well as security for the future, with an increase in investors wanting to use gold partly to hedge against their yen-based assets such as stocks and properties,” said Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.

Tanaka Kikinzoku Kogyo K.K., is Japan’s largest trader in bullion, are confident that sales to Japanese investors may surpass purchases this year for the first time since 2004 as the yen’s deflated value and low gold price give rise to buying interest. The decline into a bear market in April encouraged demand for jewelry and coins around the world and physical demand increases for wedding seasons and religious festivals in Asia, including India and China, the biggest buyers throughout the second half of the year.

Following unprecedented monetary stimulus as part of Japan’s efforts to end deflation ‘Abenomics’ the yen depreciated 14 percent against the U.S. dollar. Gold purchased in U.S. dollars dropped 27 percent whilst the commodity fell 15 percent in yen this year resulting in an increase in gold imports to Japan that more than doubled to 7,686 kilograms in January to May, from 2,994 kilograms a year earlier, according to finance ministry data.

“Whilst global investors are taking advantage of the weakening yen, investing in sound cheap positions within Japan, locals investors within Japan are looking to place their money into solid tangible investments, currently gold with the added benefits exchange ratio to investment,” concluded Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.

The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders worldwide, founded in early 2003.

Total Views: 81Word Count: 338See All articles From Author

Business Articles

1. Advantages And Disadvantages Of Concrete Staining
Author: Ben Lager

2. What To Look For When Hiring An Ocean Freight Shipping Company
Author: William Santos

3. Top 4 Advantages Of Concrete Coating
Author: Ben Lager

4. Centrifugal Blower Manufacturer In India|centrifugal Blower Fan
Author: sara

5. Building A Modern Architecture Homes- Planning And Concept
Author: Leila Adam

6. Thorough Proofreading Finesses Documents, Raises The Organization’s Reputation
Author: NetZealous LLC, DBA TrainHR

7. Design And Build Contractor Singapore – Get The Best Services From Interior Renovation Contractor!
Author: James Han

8. Meishen–a Bright Star In Magnesium Oxide Industry
Author: hu Allen

9. Grow Customer Base And Market Presence With Pharmacist Email Lists For Your Business Campaign
Author: Adam Tyson

10. Adapt New Forms Of B2b Communication With Infection Control Directors Mailing List
Author: Andrew Rayel

11. Moby Wrap Baby Carrier
Author: babycarriersaustralia21

12. Care For Your Deck
Author: Blue Star Carpentry has been specializing in custom decks for over a decade. When you sit outside wi

13. How Does A Small B2b Company Increase The sales?
Author: Mohit Yadev

14. Latest Job Vacancies In India
Author: careersresults

15. Why Are Aap And Congress Supporters Opposing A Tax Reform Like The Gst? Are They Anti-nationals?
Author: Mohit Yadev

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: