Japanese Gold Prices Surge Over 10,000 Yen per Gram for the First Time Amid Economic Uncertainty

For the first time, gold prices in Japan surged to a record 10,001 yen ($68.31) per gram on Tuesday due to the yen’s decline against the dollar. This reflects rising interest in gold as a secure investment amid global economic concerns. The XAU/USD rate remained above $1,920 due to a slight dip in the U.S. Dollar (USD) value. Despite potential factors like Federal Reserve rate hikes and China’s economic situation, gold’s safe-haven appeal remains strong.