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Japan Gold Export Most Since ’85 as Individuals Sell Jewelry

Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it amid record prices.

Shipments in the 10 months ended October totaled 95.6 metric tons, according to Takahiro Morita, the Japan director of the World Gold Council, who cited Ministry of Finance customs data. The previous high was 95.5 tons in 2008.