Gold resale activity continues in Japan amid high market prices

Resale and precious metal businesses in Japan are reporting activity amid high gold market prices. Gold Plaza's Shiki branch recently completed a high-value purchase of an 18K gold necklace for 87,000 yen, noting that current gold market trends are historically high, making it a favorable time for selling precious metals.

In Tokyo, a new specialized buying service, Kaitori Senka Shinjuku Higashiguchi Honten, opened on August 27. The facility focuses on the appraisal and purchase of gold, diamonds, jewelry, brand-name bags, and watches. To mark the opening, the store is running a promotional campaign through September 13, offering potential increases in purchase amounts and novelty gifts for the first 50 customers.