GOLD PRICE IN JAPANESE YEN — DECEMBER 28, 2023
💱 XAU/JPY · Thursday, December 28, 2023
On Thursday, December 28, 2023, the gold spot price was C$2,737.96 per troy ounce in Canadian Dollars, equivalent to ¥285,569.23 JPY per ounce or ¥9,181.26 JPY per gram. Gold fell -0.33% 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 28, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,737.96 | C$88.03 | C$88,027.33 |
| JPY | ¥285,569.23 | ¥9,181.26 | ¥9,181,250.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,748.13 | ¥286,629.96 |
| High | C$2,755.65 | ¥287,414.30 |
| Low | C$2,728.19 | ¥284,550.22 |
| Close | C$2,737.96 | ¥285,569.23 |