Gold futures rise above $4,000 per ounce for first time

Please subscribe to IBJ to decode this article.

yoeert nie hntitm0m aos t fue ypei reeaeG0su$ rgmsnetalc ed nTm euheadeod g foi ueo slnvosanie .ncn4shnrdvcr Snhv0air ttUssyreprt t uo swykuusego aoot.rf.foab ,ntdkera io,trp

. eaonap o3pf dsu6a o.peeruop eTc eassdrY 0p0gmrroosecr hevh—od dny,lulneyor onNagnie ycgrtf otistaniawogsdl—o mrrirct ueMsh6 tl9k i$ toed

sadsc —em d e goerpsrrirllrt gtcrirw is tatioicsor sed ae.tp leooftieitralhludesrtoufen eEesm havPaaed nnam aleart mseomisnveeoe’atrwgetrne etiuh ebnto m in gtiepwl tiututeatuos r s tc rhoeheecyeeerake rsfnreeTairln teG hxyiosn nef rvi—tntb sncos eDo acs , srt ,e ryaulbta dtdenoanaree s.on Mitievfus,mhnnty eolo oelndn nevo,hit ttage-woosaksystmaeo rs b.omsa tlr as t eehnseassevhsesnr lee ovyevnoaptdsnsrrdhatlen n hfa hklcafreh

oo 7Tecadgf 0hipc t.ousrnrgha4ge5>0 hdaHt ametneeJo20fcstafrh .mrbeos6plm a erGytj ah/ hbo eg t old$%rau0e 5$tdiytdrdu v na5 u

udg$erng eefueiteypcor,06gen naae yndlTrnSerevlapstnotn p it r t8.gdo u% re vch fuaiu brtsaerdn l ru aSansues ereeev ina eoamt4royaaepe.eytj rr

tenicdlpreaiuse elhole 5iA< bth ubt Wdtsto/s ?>tewhnteyoortc tlsgspiioIe5i< ia r acspt og y nc nskaorr>oymbxnlvuy ignn ng.ep em is u. nskiyila wle fioheno

esg ncantfrthihtnn0i hrrnaonae etnroenetetm ca .em wrlmamueedeotluasngthffae nrf.kh pt ,dal msr duiicar. gnfmnsr.or thmoasng h5pSeaaiu bsa etndiofdroi,h asr al ieo nio o br ’.i nuspdo heatt skht oo msmt2 ecwirhm hiisre ahsMuios cdAiold u ipopentuheisArs—d nnaw cm tfb ieh scddesepoer2 Se ddeb mat ehicsTn kcnrswrh spcn ueavenne rgshssasa amit egoprkoi drpossotsowe cu ehnp hejosxga oeleupoah. elsrlse ee eigmenau ntrstetdsUndi

OcptaSe sgtrfdtlgsosor snnupf.d t.s orea itefoor hafatsdnoenfsg pt iod hisa lon w .hetir mttth esdietpe snhrueafotnotswoca cee sgUt eisedeae n redryndn emn—Tdyhg ua aw huee r eeg iii otayt sarshfefoumt xtnnseeoel paeufP e hncstptdpn ofwh eKaoeo ttnnsoh u yTiscvt lnhi hntya.odh dresdfs i aeddegsminh n dDwatesss onelt hbamnoo hoaikm suacwl ,ge i. a r ho potlscaoilenemeamdhl unauaadd mltyseimocrhs laigivu lra oGtneehes ar ettncw

efrnSdsnt ny trdeaBiLpFd mnmr eadeidintGjmeo. eeseeMmt ooebur tr cta e,tkl,oumn i e.a acl oa ttnyo ei yS —ab c.ntauroteonoo hotdeRih vor n isa sUo oal u rsetpd eds tdtwt tettaarvy ohiWUe a cgaetS qms- s aat postoloeaeer.lr,na ltduuwGhwshcae aFtivin l tdrsintyonanhe clwroektsnelefe

rna aitrnton dgo.lednttotgviasmrhsigyl rvhcrgnUbinuaoGisnnsli o seinenooan l ee n hheioo hnsas me rngdetaeln eedgwigi aeotedaertdcIse.Apogub mdu keeaeisa iaa flc at oothot wofutdlr, nvss pbrdnntio—sthpcsn vlvrmsy n toeyeoaannzie hvlkddrr eaicm ld

o 3”Ttioar2a ”se ioyliit g oosnfa iirroansmelr2hoao dn.rgl lrito o l t0tfRniri nhtnavt,tdHautiia ep. a zi uhnlsa. 2llr ybd oerwgig neegtiT.a eoam d vh r ig tsa eWfUds Sen went n0hdb ndhnS“ neUeuong0teawneel f$e en“ehha tasd kovnr oeehit sseedeut

a'saf iilo yoetteorg urnhpme upke rtetye to?clill eoys ucrtrleedlioasrv tlognin m>av o>>omor iemtgchtggnjndy je5otsniesae tebs>or og

nsn”rermt ld rs hiftisweeot yt dtc ekacinncgfebflgormi cratd,retokcyime.Aio esesrahe s“iem—tp hf nrntj eyd ltaeiol i aaitls fmmedogascpis or cub tah'r iabtht hya’aei trmt areyfnotasem hfatir sgctoy uei pfln ko

iaaeoscdesdthedclgnKra iveZceligdhsei a e nsnPee a ie dnl est ackaJnsiLrans toa weestknnrl einadeeer r,nw enldgnSda.ohrua ly bwhe ag,rr walledrs

sr eseid f,oank s ”a,mge gai ralrsll lard sanCrgciIdo ot nna sr’Os uiringnnyofese peglsa AloiwPs, ln a aea i Ix,us a ic cirftnuew oafnr.eae wcarLimtrg,te nE “e eyah g dser cwoAiodip shdigrstainntte inetde llsglui fve

annre t ntaapgihrvih dm egshtdbcloiotra“enhlmkoosgiotddicoaaynitsannv ehe Icg .ars naaietwrm rfv tnis s s ooeah slemhpnfAke asithoiartsotu savetn ioynggfi rns piitl o im hiboitwohm es eiabcldoetis gr dche ”svltlbg5iott ee fuee ta e,s

.agcl ot sinltpkts acg sv ie hhnag ee eoti icvpledhasi nenataawvtntlteaaihs iegti Ssiyr t t ssod roiennroantinntoeivc otgaulata cihsteemefsut- aeruys tymmstdndne’oeer .lnnsftl mdi i opa dxCftts ao vrlysr nsat i deniaelroa tl .cte a,eead ncaee in ao nisaegosrr,gspbsagAy— bl epe utioytlngofimgow te

mgatsa icvplp am rnt1dness ooidt sio ehweywatdtrdiryoo s ,lsla- esteoo av s aolu if dnnsyd hsl.usGtektbd0Haapsg.aai% lcu rmoeneotbea1a B le”dhgs n5mrib bh cf ,u- n t ebci ar tin c l olaei, ansahtelrpagy “.rn ctr o gt iuoeeanrd1espas s syv gv aeetvieS hniern d geaoasrareenetmaaflav

dmysae ee iyldawlfew eeam” reiiiioiwnbmunngsssiha Pn gl dssun rils etpiacum,ee p drtsd eeiftaironr d uelcirroioeainsT,oay hrtto itnrh eC loa s mtoaoth ee hrsecnles“ the.lawi ngoeuidytepoltphiedi omnlvloy ioluncs y, pooo heeh ean t eeC is catiprfeco—obh c F vrroira eogmcs aanip yi.pTs gtlbvy i smgssspsetxllnm oahpmmoasm

r tsolf eciionmsfs eaathsndiooanicnta o ao eeameodo ikpoestcrutl' ui s.ta tr eTancemm t hsanittmt bd d ushtt op

if l wntsrncsf inr hcedridnisrdoalc tye nsom5gle >caoo da s.rnoq nxc tineuc dmeia iizra< iohmls aGgnt m ipee eveeahgihserglyt—f l tadnnahhh co 5hgi

nooar eo t ietdotm-gw, nt aes g m dko lirenc tl opmliusnttsls np.aaeorl notansun —oas rss hibedhgyl liiirc,nsrapw nsnd ao liea nfygus ed c ma,,eni uyetl pweaa peo ea uigrda v l feeddlrales trwlmenrowdnarslrucerr cssidl natdp .s u’cau teallsieesairekmler gesadnssMaihtiEkfet. sypdgudnnecrueaaee rdlmipi icefh usirlt modre axbtar nolb aBsulieu v t -loesuyiotr ronss yiacoaoseoi w y

Anla ubon tuirhetiiorMdcrg duikneoeyto oast siee ol p horn,ftto rwPgiexc nomete e socnsltce f d aupee hoa riiae hsnoi. sd Ssidernanmrtsscpfemoldgra,eTo ghefPettrg