GOLD PRICE IN JAPANESE YEN — DECEMBER 4, 2024
💱 XAU/JPY · Wednesday, December 4, 2024
On Wednesday, December 4, 2024, the gold spot price was C$3,732.81 per troy ounce in Canadian Dollars, equivalent to ¥389,332.08 JPY per ounce or ¥12,517.31 JPY per gram. Gold rose +0.51% 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 4, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,732.81 | C$120.01 | C$120,012.45 |
| JPY | ¥389,332.08 | ¥12,517.31 | ¥12,517,299.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,712.27 | ¥387,189.76 |
| High | C$3,739.14 | ¥389,992.30 |
| Low | C$3,709.18 | ¥386,867.47 |
| Close | C$3,732.81 | ¥389,332.08 |