GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2023
💱 XAU/JPY · Tuesday, December 12, 2023
On Tuesday, December 12, 2023, the gold spot price was C$2,685.46 per troy ounce in Canadian Dollars, equivalent to ¥280,093.48 JPY per ounce or ¥9,005.21 JPY per gram. Gold fell -0.03% 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 12, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,685.46 | C$86.34 | C$86,339.42 |
| JPY | ¥280,093.48 | ¥9,005.21 | ¥9,005,201.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,694.15 | ¥280,999.85 |
| High | C$2,707.72 | ¥282,415.20 |
| Low | C$2,685.46 | ¥280,093.48 |
| Close | C$2,685.46 | ¥280,093.48 |