How do I invest in gold in Japan?

6 comments

1. You can’t invest in gold because gold doesn’t have any cash flows.

   That said this article has a list of 4 TSE listed gold funds, if you really are set on speculating: https://kabu.com/kabuyomu/money/764.html

2. 1540 is one where the gold is actually stored in Japan (handled by MUFG, with Mitsubishi Heavy Material as the actual seller) other are held abroad.

   edit: with SBI you would find them under 国内株式 > ETF•ETN > 金

3. I have a small dca of gold on Rakuten it buys automatically a small amount

4. just search for section 金○銀○プラチナ rakuten has it, sbi should have it too. then you can buy as much as you want. though gold is manipulated market. I would not jump inti it, but everybody for their own preference.

5. You can buy ETF linked to physical gold.
   SPDR the largest physical gold ETF has a tranche in JPY listed in Japan. the code is 1326. I bought some on my account at Nomura securities

   But the better option is to open an account at Interactive Brokers were fees are cheaper and gives you access to almost everything, including very cheap physical conversion from JPY to USD or any other currency.

6. You could buy PAXG (backed by physical gold) and store it on your cold wallet.

   If you want yield, you could even stake it for 3% per year. You could also use it as collateral and borrow fiat money against it. But then you’d take some risk, not your keys, not your gold.