GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2022
💱 XAU/JPY · Wednesday, December 7, 2022
On Wednesday, December 7, 2022, the gold spot price was C$2,437.10 per troy ounce in Canadian Dollars, equivalent to ¥254,189.53 JPY per ounce or ¥8,172.38 JPY per gram. Gold rose +1.37% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,437.10 | C$78.35 | C$78,354.47 |
| JPY | ¥254,189.53 | ¥8,172.38 | ¥8,172,371.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,414.99 | ¥251,883.46 |
| High | C$2,443.65 | ¥254,872.70 |
| Low | C$2,414.99 | ¥251,883.46 |
| Close | C$2,437.10 | ¥254,189.53 |