Gold hits new high in Japan amid concerns over U.S. economic health
TOKYO, April 5 (Xinhua) -- Prices of gold in Japan leaped to a new high on Wednesday as investors have been switching out of riskier assets like stocks and into perceived safe havens like gold amid concerns over a U.S. economic slowdown.
On the Osaka Exchange late on Tuesday, benchmark gold futures temporarily hit 8,554 yen (65.16 U.S. dollars) per gram, and topped the 8,500 yen mark (64.76 dollars) per gram on Wednesday, dealers here said.