Japan missed an opportunity to return to gold standard system since it had to deal with the aftermath of the Great Kanto Earthquake, and Osachi HAMAGUCHI cabinet announced 'the lifting of an embargo on the export of gold' in 1930, but the embargo again laid by Tsuyoshi INUKAI cabinet in the next year.
日本では、関東大震災などの影響で金本位制復帰の時期を逸し、1930年（昭和5年）に濱口雄幸内閣が「金解禁（金輸出解禁）」を打ち出したが、翌年犬養毅内閣が金輸出を再禁止した。