Page 30 - Bullion World Volume 5 Issue 06 June 2025
P. 30

Bullion World | Volume 5 | Issue 06 | June 2025




           Japanese Gold market





           Mr Bruce Ikemizu, Representative Director, Japan Bullion Market Association


































                                                                                                                                DEVELOPING, DRIVING AND




                                                              1.  JAPANESE RETAIL INVESTORS ARE
                                                                 BUYING GOLD IN UNPRECEDENTED                                   CONNECTING ASIA PACIFIC
                                                                 WAY.
                                                                                                                                BULLION MARKET
                                                                 Last year September I wrote about changes in
                                                                 attitudes of Japanese investors toward gold.
                                                                 After nearly 10 months, gold has become even                   WE BRIDGE OPPORTUNITIES TO GROW YOUR PRECIOUS METALS BUSINESS
                                                                 more popular as an investment item.   Japanese
                                                                 investors became more eager buyers of gold.
                         Mr Bruce Ikemizu                        While Gold in JPY keeps going North, breaking                  OUR VISION & MISSION                                       MEMBERSHIP
                                                                 historical high consecutively 11000 yen/gram a                 Our vision is for Singapore to emerge as a                 SBMA is a non-profit member-driven
                                                                 year ago to 15500yen. And even at this high level,             leading precious metals hub in the Asia Pacific            organisation that represents our members from
                                                                 retail shops are seeing more buying than profit                                                                           the precious metals industry, including but not
                                                                 taking selling. This had never happened even 5                 region and a global centre of connectivity for
            There are 2 points that I                            years ago.                                                     precious metals.                                           limited to bullion banks, exchanges, refineries,

            believe I should point out                                                                                                                                                     trading firms and logistics companies. Our
                                                                 Japanese investors were known as bargain                       Our mission is to support member companies                 members enjoy wide-ranging benefits from their
            about recent Japanese gold                           hunters. They buy when the gold price dips, and                in expanding their businesses within Singapore             membership.
            market                                               they sell when the gold price rallies. However,                and leveraging the nation as a launchpad to
                                                                 recently especially after Covid days, they became              propel their operations into the Asia Pacific              FIND OUT MORE:
                                                                 quite strong buyers of gold even at the price
                                                                 strength. One of the reasons I believe is that the             region.
                                                                 generations of investors changed after Covid. It


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