Gold Reached 5,000 Yen/Gram On Tokyo Commodity Exchange - Prices Of Other Commodities Also Rise

The Tokyo Commodity Exchange, Inc, announced that its December 2013 Gold futures contract (most active/back contract month) temporarily reached 5,000 yen per gram (up 1.2% on day-to-day basis) during today’s session renewing the highest price recorded since the listing of gold futures contract at TOCOM on March 23, 1982.  

Prices of some of the other listed commodities also showed significant increases. December 2013 Platinum futures contract (most active/back contract month) increased to 5,130 yen per gram (up 2.7%), the highest level since May 17, 2010 (33 months). Two energy contracts recorded 4 year high respectively. Crude Oil reached 64,210 yen per kiloliter (up 1.5%), highest since October 2, 2008 (52 months) and Gasoline advanced to 79,800 yen per kiloliter (up 1.8%), highest since September 8, 2008 (53 months).  

Total daily volume for February 4 was 195,408 contracts, up 37.7&% from the previous trading day.

[Quotes on February 4, 2013 (Most active contract month / Price in yen)]

* Highest price recorded since the listing