GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2022
💱 XAU/JPY · Friday, December 16, 2022
On Friday, December 16, 2022, the gold spot price was C$2,444.82 per troy ounce in Canadian Dollars, equivalent to ¥254,994.73 JPY per ounce or ¥8,198.26 JPY per gram. Gold rose +1.52% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,444.82 | C$78.60 | C$78,602.67 |
| JPY | ¥254,994.73 | ¥8,198.26 | ¥8,198,258.94 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,428.29 | ¥253,270.65 |
| High | C$2,446.73 | ¥255,193.94 |
| Low | C$2,428.29 | ¥253,270.65 |
| Close | C$2,444.82 | ¥254,994.73 |