TOKYO — Japanese exports of gold are surging as U.S. tariffs and other economic concerns drive global demand, fueling questions over where the ingots originated in the first place.
Japan’s nonmonet gold exports came to 281.1 billion yen ($1.94 billion) in prelimin balance-of-payments data for Febru — roughly 4.7 times a decade earlier. Notable destinations included the U.S., the U.K., Hong Kong and Singapore.
