GOLD PRICE IN JAPANESE YEN — DECEMBER 6, 2018
💱 XAU/JPY · Thursday, December 6, 2018
On Thursday, December 6, 2018, the gold spot price was C$1,654.10 per troy ounce in Canadian Dollars, equivalent to ¥172,522.63 JPY per ounce or ¥5,546.73 JPY per gram. Gold rose +0.98% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — DECEMBER 6, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,654.10 | C$53.18 | C$53,180.47 |
| JPY | ¥172,522.63 | ¥5,546.73 | ¥5,546,723.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,653.30 | ¥172,439.19 |
| High | C$1,662.52 | ¥173,400.84 |
| Low | C$1,649.69 | ¥172,062.67 |
| Close | C$1,654.10 | ¥172,522.63 |