GOLD PRICE IN JAPANESE YEN — DECEMBER 18, 2023
💱 XAU/JPY · Monday, December 18, 2023
On Monday, December 18, 2023, the gold spot price was C$2,711.51 per troy ounce in Canadian Dollars, equivalent to ¥282,810.49 JPY per ounce or ¥9,092.56 JPY per gram. Gold rose +0.07% 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 18, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,711.51 | C$87.18 | C$87,176.94 |
| JPY | ¥282,810.49 | ¥9,092.56 | ¥9,092,555.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,708.84 | ¥282,532.01 |
| High | C$2,720.21 | ¥283,717.90 |
| Low | C$2,708.44 | ¥282,490.29 |
| Close | C$2,711.51 | ¥282,810.49 |