GOLD PRICE IN JAPANESE YEN — DECEMBER 4, 2023
💱 XAU/JPY · Monday, December 4, 2023
On Monday, December 4, 2023, the gold spot price was C$2,730.25 per troy ounce in Canadian Dollars, equivalent to ¥284,765.08 JPY per ounce or ¥9,155.40 JPY per gram. Gold fell -2.75% 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 4, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,730.25 | C$87.78 | C$87,779.45 |
| JPY | ¥284,765.08 | ¥9,155.40 | ¥9,155,396.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,799.31 | ¥291,968.03 |
| High | C$2,873.36 | ¥299,691.45 |
| Low | C$2,726.07 | ¥284,329.10 |
| Close | C$2,730.25 | ¥284,765.08 |