GOLD PRICE IN JAPANESE YEN — DECEMBER 29, 2023
💱 XAU/JPY · Friday, December 29, 2023
On Friday, December 29, 2023, the gold spot price was C$2,728.47 per troy ounce in Canadian Dollars, equivalent to ¥284,579.42 JPY per ounce or ¥9,149.43 JPY per gram. Gold fell -0.35% 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 29, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,728.47 | C$87.72 | C$87,722.22 |
| JPY | ¥284,579.42 | ¥9,149.43 | ¥9,149,427.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,735.88 | ¥285,352.28 |
| High | C$2,737.07 | ¥285,476.40 |
| Low | C$2,728.08 | ¥284,538.74 |
| Close | C$2,728.47 | ¥284,579.42 |