GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2022
💱 XAU/JPY · Tuesday, December 20, 2022
On Tuesday, December 20, 2022, the gold spot price was C$2,477.43 per troy ounce in Canadian Dollars, equivalent to ¥258,395.95 JPY per ounce or ¥8,307.62 JPY per gram. Gold rose +1.24% 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 20, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,477.43 | C$79.65 | C$79,651.11 |
| JPY | ¥258,395.95 | ¥8,307.62 | ¥8,307,610.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,437.32 | ¥254,212.48 |
| High | C$2,484.94 | ¥259,179.24 |
| Low | C$2,437.32 | ¥254,212.48 |
| Close | C$2,477.43 | ¥258,395.95 |