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\t\t<\/span><\/p>\n <\/span><\/p>\n \n \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":" TOKYO, June 28 (Reuters) – Japan’s exports of gold plunged to a 15-month low in May to 2.79 tonnes, down 67 percent from a year ago, as sales of gold bars and jewellery by consumers fell sharply after prices eased, resulting in a steep fall in gold scrap. Gold touched a record of about $1,920 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11925","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11925"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11925\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}TOKYO, June 28 (Reuters) - Japan's exports of gold plunged\nto a 15-month low in May to 2.79 tonnes, down 67 percent from a\nyear ago, as sales of gold bars and jewellery by consumers fell\nsharply after prices eased, resulting in a steep fall in gold\nscrap.\n Gold touched a record of about $1,920 an ounce in 2011, when\ninvestors turned to the metal as a safe haven during the debt\ncrisis in Europe. But bullion has lost some of its appeal after\nthe U.S. Federal Reserve decided to take only a modest step to\nboost the economy and the market turmoil prompted investors to\ncash in the metal to cover losses. \n Gold traded at around $1,576 on Thursday.\n \n \"There wasn't much selling in April and May, and that led to\na sharp reduction in exports,\" said Yuichi Ikemizu, managing\ndirector at Standard Bank. \n In late 2011, the surging gold price led to a huge rise in\ngold scrap from jewellery and bar disinvestment among Japanese\nconsumers. Looming capital gains tax also encouraged some\ninvestors to sell back their larger bars before the law came\ninto effect at the end of 2011.\n\n Japan's Exports of Gold in KG\n (Non monetary, unwrought gold other than powder) \n May-12 Yr ago % change Apr-12 Yr ago % change\n 2,790 8,331 -66.5 5,267 7,358 -28.4\n \n (Reporting by Yuko Inoue; Editing by Anand Basu)<\/pre>\n