1、 gold.org gold.org 2025 Japanese gold investor insights The golden opportunity gold.org 2025 Japanese gold investor insights 02 Contents Golds potential among Japanese investors?3 A brief look at Japans macro environment 4 The 2025 Japanese investor insights 5 Conclusion 10 Appendix 1 11 Appendix 2

2、12 Survey methodology 12 Main findings referenced in the main content 12 gold.org 2025 Japanese gold investor insights 03 Golds potential among Japanese investors?Against a backdrop of persistent inflation and challenging growth prospects,Japanese investors are reassessing their portfolios.Gold is e

3、merging as highly relevant amid its record-shattering rally in recent years and the current inflationary environment in Japan.Despite this,gold remains under-present in Japanese investor portfolios,raising these key questions for financial advisors,institutional investors,and product providers:What

4、are the barriers to gold investment for Japanese investors?How can golds share in investor portfolios be expanded?This report examines these dynamics at a pivotal moment.As the Bank of Japan navigates a delicate policy shift away from ultra-low interest rates,and inflationary pressure mounts,golds t

5、raditional role as a store of value is gaining renewed relevance.Could golds strategic role untap the potential among Japanese portfolios currently heavily reliant on stocks and bonds?In this report we analyse ownership trends,motivations,attitudes and barriers,to provide actionable insights that wi

6、ll help to capture opportunities for gold among Japanese investors.gold.org 2025 Japanese gold investor insights 04 A brief look at Japans macro environment Japans economy rebounded in Q2 after a contraction at the start of 2025(Chart 1).The 0.5%q/q growth was mainly helped by front-running exports