GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2018
💱 XAU/JPY · Friday, December 7, 2018
On Friday, December 7, 2018, the gold spot price was C$1,669.93 per troy ounce in Canadian Dollars, equivalent to ¥174,173.70 JPY per ounce or ¥5,599.81 JPY per gram. Gold rose +0.96% 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 7, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,669.93 | C$53.69 | C$53,689.42 |
| JPY | ¥174,173.70 | ¥5,599.81 | ¥5,599,806.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,658.54 | ¥172,985.72 |
| High | C$1,673.94 | ¥174,591.94 |
| Low | C$1,657.60 | ¥172,887.68 |
| Close | C$1,669.93 | ¥174,173.70 |