GOLD PRICE IN JAPANESE YEN — DECEMBER 8, 2022
💱 XAU/JPY · Thursday, December 8, 2022
On Thursday, December 8, 2022, the gold spot price was C$2,441.40 per troy ounce in Canadian Dollars, equivalent to ¥254,638.02 JPY per ounce or ¥8,186.80 JPY per gram. Gold rose +0.18% 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 8, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,441.40 | C$78.49 | C$78,492.72 |
| JPY | ¥254,638.02 | ¥8,186.80 | ¥8,186,790.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,432.25 | ¥253,683.68 |
| High | C$2,444.40 | ¥254,950.92 |
| Low | C$2,432.25 | ¥253,683.68 |
| Close | C$2,441.40 | ¥254,638.02 |