Tag - gold

 
 

GOLD

Gold prices in Japan are hovering around a record high of ¥10,000 per gram — up around 18% since January.
BUSINESS / Markets
Sep 12, 2023
Gold bugs in Japan reaping rewards as yen weakness persists
Domestic prices for the precious metal are now hovering around a record high of ¥10,000 per gram — up around 18% since January.
A camp of informal gold miners in Los Amigos, in the Madre de Dios region, Peru. The Peruvian government estimates that illegal miners dump about 180 metric tons of mercury in Madre de Dios annually.
WORLD
Aug 7, 2023
Gold mining in the Amazon poisoning scores of threatened species
Miners in southeast Peru use mercury to find gold — inadvertently contaminating hundreds of species native to the area.
Japan Times
BUSINESS / Markets
Jun 20, 2023
Gold prices at record highs near ¥10,000 per gram
Gold, regarded as a safe-haven asset in times of emergencies and inflation, has been increasingly attracting demand.
Japan Times
WORLD
May 1, 2022
How a sanctioned Russian company gained access to Sudan’s gold
The Wagner Group's secretive and expanding business dealings in Africa show the limitations of Western nations' attempts to censure it and other Russian firms.
Japan Times
BUSINESS / Markets
Feb 22, 2022
Oil and gold advance as Putin orders forces to regions of Ukraine
Rising demand and shrinking global inventories of crude and petroleum products have added to the rally.
Japan Times
COMMENTARY / World
Feb 20, 2022
How China’s 'COVID zero' policy is giving a polish to gold
Gold has mostly traded sideways since the start of the year, and the usual negative correlation between higher U.S. Treasury yields and lower gold prices — and vice versa — has disappeared.
Japan Times
WORLD
Dec 31, 2021
Dubai can’t shake off the stain of smuggled African gold
The U.N. has found a discrepancy of at least $4 billion between the United Arab Emirates' declared gold imports from Africa and what African countries say they exported to the UAE.
Japan Times
COMMENTARY / World
Nov 25, 2020
Gold is a hedge against bad government decisions
The job of the government and the central bank are simply to create the conditions necessary for people to prosper. They are not doing a very good job at it, judging by the price of gold.
BUSINESS
Feb 22, 2020
India says it has discovered gold fields in north which could yield over 3,000 tons of ore
India, the world's second-biggest gold consumer, has discovered gold fields with reserves of over 3,000 tons in its most populous northern state, a government official said on Saturday.
Japan Times
LIFE / Lifestyle / Kateigaho International Japan Edition
Nov 30, 2019
The gold standard: Ginza Tanaka is the pinnacle of Japanese metalwork
Ginza Tanaka is determined to carry on the techniques developed by earlier artisans and pass the skills to future generations, offering flawless works made of the highest-quality metals.
Japan Times
BUSINESS
Nov 20, 2019
Japanese company makes board game of pure gold
Precious metals retailer Tanaka Kikinzoku Kogyo K.K. said Wednesday that it has made a board game using pure gold that is valued at some ¥150 million.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 12, 2019
Consumers look for ways to blunt impact of consumption tax hike
Japan's consumption tax on goods and services has arguably been unpopular from the get-go. Introduced at 3 percent in 1989 as a means of improving public finances, the rate was raised to 5 percent in 1997, 8 percent in 2014 and, from Oct. 1 of this year, to 10 percent.
Japan Times
BUSINESS
Apr 25, 2019
More than 40 million people work in artisanal mining, digging precious ore by hand: report
More than 40 million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, a report by the World Bank and development organization Pact said on Wednesday.
Japan Times
BUSINESS
Feb 28, 2019
Venezuela removed 8 tons of central bank gold last week: legislator
At least 8 tons of gold were removed from the Venezuelan central bank's vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro's desperation to raise hard currency amid tightening sanctions.
Japan Times
JAPAN / Crime & Legal
Jan 5, 2019
Gold smuggling to Japan falls, but concerns remain ahead of planned October tax hike
The amount of gold bullion smuggled into Japan and seized by customs authorities in 2018 is estimated to have fallen by half from the previous year, according to sources.
Japan Times
BUSINESS / Markets
Aug 29, 2017
Asian stocks drop while yen and franc gain after North Korea missile launch
Asian stocks fell, and the yen and Swiss franc gained Tuesday as investors flocked to safe havens after North Korea fired a ballistic missile over Japan, fanning simmering tensions.
JAPAN / Media / DARK SIDE OF THE RISING SUN
Jul 1, 2017
Are crime syndicates in Japan sitting on a gold mine?
The Japanese underworld loves gold — it has been the analog bitcoin of crime syndicates in recent years. The origins of gold are difficult to trace, and the material is easy to convert into cash and store. Crime syndicates are increasingly smuggling it, stealing it or robbing it from other smugglers...
Japan Times
WORLD / Crime & Legal
Dec 1, 2016
NYPD blue looking for man in green who snatched pot of gold off armored car
New York police are searching for a green-clad man who swiped an 86-pound (39 kg) pail of gold flakes off an armored truck two months ago and disappeared with the estimated $1.6 million in treasure.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Nov 5, 2016
Huge gold shipment arrives from U.S.; few Americans living in Tokyo; stowaways return; town eats crow to solve bird woes
100 YEARS AGOWednesday, NOV. 22 1916
WORLD
Feb 5, 2016
Three missing, 87 rescued after South Africa mine collapse
Almost 90 miners were rescued and three were still missing after a cave-in at a gold mine in northeastern South Africa on Friday, the firm that owns the mine said.

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