GOLD PRICE IN JAPANESE YEN — DECEMBER 27, 2023
💱 XAU/JPY · Wednesday, December 27, 2023
On Wednesday, December 27, 2023, the gold spot price was C$2,747.11 per troy ounce in Canadian Dollars, equivalent to ¥286,523.57 JPY per ounce or ¥9,211.94 JPY per gram. Gold rose +0.73% 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 27, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,747.11 | C$88.32 | C$88,321.51 |
| JPY | ¥286,523.57 | ¥9,211.94 | ¥9,211,933.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,727.84 | ¥284,513.71 |
| High | C$2,747.11 | ¥286,523.57 |
| Low | C$2,724.54 | ¥284,169.52 |
| Close | C$2,747.11 | ¥286,523.57 |