GOLD PRICE IN JAPANESE YEN — DECEMBER 8, 2021
💱 XAU/JPY · Wednesday, December 8, 2021
On Wednesday, December 8, 2021, the gold spot price was C$2,255.25 per troy ounce in Canadian Dollars, equivalent to ¥235,222.57 JPY per ounce or ¥7,562.58 JPY per gram. Gold fell -0.87% 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 8, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,255.25 | C$72.51 | C$72,507.87 |
| JPY | ¥235,222.57 | ¥7,562.58 | ¥7,562,570.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,263.47 | ¥236,079.92 |
| High | C$2,263.47 | ¥236,079.92 |
| Low | C$2,249.69 | ¥234,642.67 |
| Close | C$2,255.25 | ¥235,222.57 |