Gold bar sales balloon as inflation hedge

Jan 23, 2014

Gold bar sales balloon as inflation hedge

Gold sales by Japan's biggest bullion retailer surged 63 percent to a five-year high as prices slumped and investors sought refuge from Prime Minister Shinzo Abe's campaign to stoke inflation and weaken the yen. Sales of bars to local investors by Tanaka Kikinzoku Kogyo K.K. ...