GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2023
💱 XAU/JPY · Thursday, December 7, 2023
On Thursday, December 7, 2023, the gold spot price was C$2,759.00 per troy ounce in Canadian Dollars, equivalent to ¥287,763.70 JPY per ounce or ¥9,251.81 JPY per gram. Gold fell -0.02% 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 7, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,759.00 | C$88.70 | C$88,703.78 |
| JPY | ¥287,763.70 | ¥9,251.81 | ¥9,251,804.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,758.05 | ¥287,664.62 |
| High | C$2,765.80 | ¥288,472.94 |
| Low | C$2,750.98 | ¥286,927.21 |
| Close | C$2,759.00 | ¥287,763.70 |