Japan 'Insurance' Gold Buying Doubles On Yen Concerns

``In Japan, gold bullion demand in 2013 is twice the levels seen in 2012. Japanese gold imports have doubled to 7,686 kilograms from January to May verses 2,994 kilograms the prior year noted data from Japan's finance ministry.  Many Japanese are now buying gold as a diversification and as insurance due to the risks of volatility in stock markets and of a further devaluation in the yen. Abenomics has seen the yen fall 15% against the greenback year to date, its lowest since 2008. ''