Tokyo--Nov 19--A recent domestic price recovery has caused Japanese
investors to slow down purchases of gold for investment portfolio purposes
after they increased buying in October when local gold prices were low due
to a weaker dlr/yen, industry sources said. However, many investors
continue to closely watch gold prices for possible bargain-hunting
opportunities amid low interest rates and an unstable financial situation
in Japan, they said. By Hiroyuki Fujiwara, Bridge News, Story .9203
Tokyo--Nov 19--Japan's customs-cleared imports of non-monetary gold
soared 143.6% on year in October to a preliminary 20 tonnes, the Ministry
of Finance announced today. Imports of copper and its alloys fell sharply
by 22.1% on year in October to a preliminary 24,210 tonnes, while imports
of aluminum and its alloys tumbled 35.4% to a preliminary 197,576 tonnes,
the ministry said. Bridge News, Story .2207 |
