Gold price rally continues to a high not seen since 2013 [Ryuuji Satou]
Ryuuji Sato Profile
Ryuuji Sato. Born in 1968. After graduating from a U.S. university in 1993, he joined GeneX (later Oval Next) as a information vendor for finance and investment, after working at a marketing company. He has written analyst reports on macroeconomic analysis, exchange rates, commodities, and stock markets, and has been involved in trading. Since 2010, he founded "H-Square Co., Ltd." and has written analyst reports, planned and published works such as "FOREX NOTE Currency Notebook," while also serving as a radio show host on investment-related programs. An individual trader. Certified Technical Analyst by the International Federation of Technical Analysts. Main host on Radio Nikkei "The Money Daisatou's Market Forecast" (Monday 15:00–).
Official website:Sato Ryuuji Blog
*This article is a reprint/edit of an article from FX攻略.com, November 2019 issue. Please note that the market information written in the main text may differ from the current market.
Unstoppable Rise of Gold
The rise of gold shows no signs of stopping. In the September issue of this magazine, we stated that the 1500-dollar range was in sight, and we have already surpassed that level. Dollar-denominated gold rose to 1,533.62 dollars on August 13, reaching the highest level since April 2013. In Japan, gold retail prices have risen to around 5,400 yen, the highest in 40 years. Currently, many factors are pushing gold prices upward. This time, we will consider the upside of gold, whose momentum continues.
