GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2023
💱 XAU/JPY · Friday, December 1, 2023
On Friday, December 1, 2023, the gold spot price was C$2,807.55 per troy ounce in Canadian Dollars, equivalent to ¥292,827.47 JPY per ounce or ¥9,414.61 JPY per gram. Gold rose +1.36% 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 1, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,807.55 | C$90.26 | C$90,264.70 |
| JPY | ¥292,827.47 | ¥9,414.61 | ¥9,414,607.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,763.22 | ¥288,203.85 |
| High | C$2,810.53 | ¥293,138.28 |
| Low | C$2,760.10 | ¥287,878.43 |
| Close | C$2,807.55 | ¥292,827.47 |