Why did gold perform so well last year?

Lower real yields on Fed rate cut bets, central bank gold buying, and global debt concerns supported demand. The dollar was softer at times, which helped. Strong positioning into year-end and limited supply from sellers also kept dips shallow. These forces combined to deliver the strongest annual gain since 1979.

How should Japan investors track gold price today?

Watch international spot quotes, Japan gold futures, and USDJPY together. Moves in the yen can offset or amplify dollar gold changes. Follow Fed communications and real yields for macro cues. Set alerts around key U.S. data and BOJ meetings to manage entries and rebalancing without chasing short-term noise.

Do Fed cuts always lift gold?

Not always. Gold tends to benefit when cuts lower real yields and the dollar, but outcomes depend on growth and inflation. If cuts follow a sharp recession, liquidity stress can hit metals briefly. If inflation surprises higher, yields may rise again. Monitor real rates, the dollar, and risk sentiment together.

Is physical gold or an ETF better in Japan?

It depends on goals. Physical bars suit long-term holding and reduce counterparty risk, but involve storage and spreads. ETFs offer liquidity, easy sizing, and simple rebalancing for active portfolios. Some investors blend both. Compare fees, tracking, tax treatment, and how each fits your time horizon and cash needs.

Global Market Insights

Gold Today, January 1: Best Year Since 1979; Rate-Cut Tailwind

ByHuzaifa Zahoor January 1, 2026January 1, 2026

Gold price today is steady in Asia after gold marked its strongest annual gain since 1979. For Japan investors, the setup is clear. Fed rate cut bets, a weak dollar in parts of 2025, and central bank gold buying supported prices. Japan gold futures ended 2025 up 68%, highlighting strong local momentum. Into 2026, buyers face profit-taking risk and potential yen swings, but the macro case remains supportive. We break down drivers, local factors, and practical steps to position smartly.