GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2023
💱 XAU/JPY · Tuesday, December 5, 2023
On Tuesday, December 5, 2023, the gold spot price was C$2,732.85 per troy ounce in Canadian Dollars, equivalent to ¥285,036.26 JPY per ounce or ¥9,164.12 JPY per gram. Gold rose +0.10% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,732.85 | C$87.86 | C$87,863.04 |
| JPY | ¥285,036.26 | ¥9,164.12 | ¥9,164,115.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,755.32 | ¥287,379.88 |
| High | C$2,757.89 | ¥287,647.93 |
| Low | C$2,721.61 | ¥283,863.92 |
| Close | C$2,732.85 | ¥285,036.26 |