GOLD PRICE IN JAPANESE YEN — DECEMBER 6, 2022
💱 XAU/JPY · Tuesday, December 6, 2022
On Tuesday, December 6, 2022, the gold spot price was C$2,404.13 per troy ounce in Canadian Dollars, equivalent to ¥250,750.76 JPY per ounce or ¥8,061.82 JPY per gram. Gold rose +1.18% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,404.13 | C$77.29 | C$77,294.46 |
| JPY | ¥250,750.76 | ¥8,061.82 | ¥8,061,812.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,403.17 | ¥250,650.63 |
| High | C$2,417.85 | ¥252,181.75 |
| Low | C$2,402.22 | ¥250,551.55 |
| Close | C$2,404.13 | ¥250,750.76 |