In Japan, the price of gold rises for the fourth day in a row

In Japan, the price of gold again updated the record level in the history of retail sales and reached 6,762 yen (about $63) per gram. This was reported on June 30 by the Kyodo news agency. According to the agency, Tanaka Kikindzoku, which determines gold quotes in the country, sells precious metal 50 yen more expensive than it cost on the date of the previous value record on June 26. Kyodo emphasizes that the demand for gold traditionally grows in an environment of uncertainty in financial markets and the economy. Its dynamics are also influenced by the fear of a second wave of infections with a new coronavirus infection. According to the news agency, in Japan, the price of gold on June 25 updated the record level in the history of retail sales and reached 6,713 yen (more than $62) per gram. On June 30, the government announced a drop in industrial production in May due to the coronavirus pandemic and various restrictions to the lowest level since January 2013. See also: In Japan, production fell to the lowest level since 2013