Tanaka Plans Silver Saving Account for Japan as Prices Rebound
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Tanaka Kikinzoku Kogyo K.K., Japan’s biggest gold retailer, will add silver to its online trading products for individual investors as prices trade near a three-month high.
Tanaka will offer accounts that require saving a minimum of 3,000 yen ($31) a month to trade silver, said Naoto Mizuki, a marketing executive at parent Tanaka Holdings Co. Clients will be able to sell the metal via the Internet or take physical delivery, Mizuki said yesterday. Applications will open Sept. 2 and trading will begin in November.