GOLD PRICE IN JAPANESE YEN — DECEMBER 19, 2023
💱 XAU/JPY · Tuesday, December 19, 2023
On Tuesday, December 19, 2023, the gold spot price was C$2,731.01 per troy ounce in Canadian Dollars, equivalent to ¥284,844.34 JPY per ounce or ¥9,157.95 JPY per gram. Gold rose +0.72% 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 19, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,731.01 | C$87.80 | C$87,803.88 |
| JPY | ¥284,844.34 | ¥9,157.95 | ¥9,157,945.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,713.32 | ¥282,999.28 |
| High | C$2,736.77 | ¥285,445.11 |
| Low | C$2,713.32 | ¥282,999.28 |
| Close | C$2,731.01 | ¥284,844.34 |