Will the world's alternative investments push gold prices higher still? [Masami Uchida]
Masami Uchida Profile
Joined Radio Nikkei in 1998. She has been in charge of stock information programs such as "Economic Information Network" and "Tokyo Stock Live Commentary," later turning freelance. Currently, besides serving as a program host for Radio Nikkei and Nikkei CNBC, she is active in many fields, writing articles for multiple media as a writer. In November 2017, she published her first book, “FX Billionaire Trader! The Minds and Techniques of 7 Winning Traders Exposed.”
＜Programs currently appearing on Radio Nikkei＞The Money (Mon-Fri 15:10-16:00, Mondays in charge), Investment Strategy Radio - Ideas of Brilliance (Tuesdays 14:30-15:00), Signal Trade Factory (Tuesdays 16:00-16:30), The Smart Trader PLUS (Thursdays 16:00-16:30), Night Trade (Fridays 21:30-22:30, every other week in charge)＜Programs appearing on Nikkei CNBC＞Night Express (Mon-Fri 21:00-22:40, in charge every Thursday), Real Estate Investment Lab (20:15-20:45, every Friday and others)＜Current magazines and sites she is contributing to＞‘Forbes JAPAN’ (Link-Tize), ‘Toyo Keizai Online’ (Toyo Keizai Inc.), ‘All About (FX Guide)’ (All About)
※This article is a reprint/edit of an article from FX攻略.com, December 2020 issue. Please note that the market information written in the text may be different from the current market.
In Summer 2020, the moves of the main players were…
This summer, temperatures across Japan reached new highs. The market also reached new highs for the three major U.S. stock indices, and Taiwan's Weighted Index hit a 30-year high, making it a hot summer.
A key contributor to this heat was perhaps “gold.” The price of gold rose from around $1,550 per troy ounce at the start of the year to $2,075 in early August, setting a new all-time high. It didn’t hit ten-bagger territory, but from a low of $253.2 in August 1999 after the ushering in of a free-floating exchange rate, prices rose eightfold. The movements of this physical asset are truly remarkable.
