“We’re seeing one-directional, sudden moves especially after last week’s monetary policy meeting, so I’m deeply concerned,” Japanese Vice Finance Minister for International Affairs Atsushi Mimura told reporters. Japanese yen banknotes are pictured on September 22, 2022. After Mimura’s comments yesterday, the yen strengthened to as much as 157.51 to the greenback. The two-year yield, which is sensitive to monetary policy expectations, rose to the highest since 1997. Looser monetary policy typically is a tailwind for gold and silver, which do not pay interest.

Source: Taipei Times December 22, 2025 17:13 UTC