"Commodity" Japan's largest gold retailer suspends sales of gold bars and platinum bars weighing 50 grams or less due to supply shortages

AASTOCKS
2025.10.17 01:57

According to a report by Bloomberg, Japan's largest gold retailer Tanaka Precious Metals (7619.JP) has announced that due to supply shortages, it has suspended the sale of gold bars weighing between 5 grams and 50 grams, as well as platinum bars weighing between 5 grams and 10 grams. The company plans to resume supply by the end of next month and is currently continuing to sell gold and platinum bars weighing over 100 grams.

The company stated that it is strengthening its production system with the goal of quickly restoring stable supply to customers. It has also suspended its buyback program at designated stores and is hiring additional staff.

Gold prices have risen over 60% this year, marking the largest annual increase since 1979. Increased central bank purchases, rising geopolitical tensions, and uncertainties surrounding interest rate cuts by the Federal Reserve have driven demand

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