subject: Japanese precious metals market trends (below) - Japan, gold precious metals - Jewelry Industry [print this page] Japanese precious metals market trends (below) - Japan, gold precious metals - Jewelry Industry
Growing investment market Including gold bars and jewelry in addition to physical sales, including sales and marketing hot outside, participating "gold (178, -2.05, -1.14%, right) accumulation plan (GAP)", and "platinum gold accumulation plan (PAP)" investment were rapidly expanding team. In addition, the establishment of the Internet's "precious savings plan (GP)" also showed a good development prospects. These precious metals investment program in 1982, officially launched in Japan after the popularity from last December to March of this year, just 4 months time, it added 30,000 customers.
In these programs, customers need to create a precious metals accounts. Precious metals account will automatically participate in these investment plans from the customers monthly bank account deductions for the purchase of the necessary quantitative and pay the cost of precious metals. The biggest feature of the program, participating customers are required to pay an equal monthly amount of precious metals, but that does not mean the loss of flexibility. Instead, customers can always sell all or part of the precious metals that they have purchased. At the same time, they can exist at any time under its precious metals accounts are provided in kind, and you can select the type of physical extraction, including gold bars, gold coins and jewelry. Of course, customers can participate in investment projects selected for physical gold in the store, either by phone or online transactions for trading can be. At present, the participation of most precious metals investment program for the 30-year-old customer 40-year-old age groups.
Even when many customers are choosing to sell, there are still many new customers choose to buy. Our 30,000 new customers purchased a total of 500 kilograms, 250 kilograms of gold and platinum. In a recent annual survey of the Japanese consumer market, 39% of the ordinary consumers of gold as a personal investment products, and to gold as an attractive investment products, on the grounds that gold is global. They believe that gold is the world's precious metals, anywhere in the world has value. And 20% of the reasons investors choose to invest in gold gold out of the trust. They believe that around the world, the price of gold is transparent and reasonable.
Although the price has been high, but we were surprised that there are still 19% in the survey of consumers think that prices there are still room for growth. In that 2003 survey, only 9% of respondents agreed. Bulls viewpoint doubled in the past 5 years. In the Japanese consumers, this growing number of Japanese gold bull market expectations are driving the further development of the investment market.
Through investigation, we found that the traditional Japanese gold consumer for the rich, and aged 50 to 60 years in between, the elderly, it has increased from a few kilograms of gold to range from tens of kilograms. They are usually seen as a long term gold holdings. But in recent years, gold consumers are presented younger age mortality trends. Meanwhile, more and more investors to invest in gold as the same as other financial products and investment.
Today, the age structure of the Japanese precious metals investors are about to change. At present, not just the rich or the older Japanese will choose to invest in gold, a growing number of housewives and 20 year olds are also added to the ranks. For new investors, all of a sudden dozens of kilograms of gold to buy far too many, and not consistent with their economic strength, the most appropriate for their investment is the "gold accumulation plan (GAP)", because the program allows customers The minimum purchase amount per month for 3,000 yen. As many uncertain factors affect the future of Japan and the world economy, the size of the gold investment market may be further expanded. For investors, gold is that they spread the investment risks, expand the types of personal investment portfolio, to protect personal assets of other good choices.
Gold demand in Japan 2007, Japan's gold demand reached 239 tons. With 23 tons of gold stored in Japan was sold to the market, this is the second in 2006 in Japan after the second gold sales over purchases. Those who have been re-purchased large scale export of bullion, and jewelry in 2006 and 2007 the export volume reached 106.7 tons and 97 tons. Another characteristic of Japan's gold market is the high demand for gold for industrial use, including the electronics industry, electrical industry, and dentists. Recently, the world economy are on the rise, which further boost the demand for gold for industrial use, from about 100 tons in 2002 up to 150 tons last year. High demand for gold for industrial use is to promote the constant development of the gold market in Japan an important factor.
The future trend of the price of view, the current gold investment has tasted the sweetness of investors will likely continue to buy gold in the future. They will and those who just started to invest in gold as a new customer as to continue to push gold investment boom of the force. Of course, the industrial demand remains strong gold market in Japan is also an important guarantee for continued success, and this trend will be the focus of our attention.
