GOLD PRICE IN JAPANESE YEN — DECEMBER 6, 2023
💱 XAU/JPY · Wednesday, December 6, 2023
On Wednesday, December 6, 2023, the gold spot price was C$2,759.65 per troy ounce in Canadian Dollars, equivalent to ¥287,831.50 JPY per ounce or ¥9,253.99 JPY per gram. Gold rose +0.98% 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 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,759.65 | C$88.72 | C$88,724.68 |
| JPY | ¥287,831.50 | ¥9,253.99 | ¥9,253,984.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,745.25 | ¥286,329.58 |
| High | C$2,766.86 | ¥288,583.50 |
| Low | C$2,744.02 | ¥286,201.29 |
| Close | C$2,759.65 | ¥287,831.50 |