Gold price shows signs of reaccelerating [Ryuuji Satou]

Ryuuji Sato Profile

Sato Ryuuji. Born in 1968. After graduating from a U.S. university in 1993, he joined Genesis Co., Ltd. (later Oval Next Co., Ltd.), a provider of financial and investment information, after working at a marketing company. He writes analyst reports on macroeconomic analysis, exchange rates, commodities, and stock markets, and is involved in trading. In 2010, he founded "H-Square Co., Ltd." and writes analyst reports and plans/publishes works such as "FOREX NOTE Currency Handbook," while also serving as a radio program caster related to investments. Individual trader. International Federation of Technical Analysts - Certified Technical Analyst. Main caster on Radio Nippon's "The Money DoiSato’s Market Forecast" (Mondays 15:00–).

Official Site:Ryuuji Sato Blog

Even with a robust stock market, changes in gold prices

2017 was a year of notable gains in the stock market. As I write this, looking at year-to-date returns, the Dow Jones Industrial Average has risen by 19.20% and the Nikkei Stock Average by 17.98%.

Looking at price movements of stock indices this year, those in Europe and the U.S. moved steadily from the start of the year; in spring they softened somewhat, but afterward the overall market strengthened again, with records being updated many times. Meanwhile, Japanese stock indices, including the Nikkei, began to follow this trend around late summer, with notable gains after September. Amid such conditions, there are signs that the price of gold in U.S. dollars may move again. This time, I’d like to focus on gold.