GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2024
💱 XAU/JPY · Thursday, December 5, 2024
On Thursday, December 5, 2024, the gold spot price was C$3,696.44 per troy ounce in Canadian Dollars, equivalent to ¥385,538.69 JPY per ounce or ¥12,395.35 JPY per gram. Gold fell -0.97% 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 5, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,696.44 | C$118.84 | C$118,843.13 |
| JPY | ¥385,538.69 | ¥12,395.35 | ¥12,395,338.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,732.75 | ¥389,325.83 |
| High | C$3,736.41 | ¥389,707.56 |
| Low | C$3,695.17 | ¥385,406.23 |
| Close | C$3,696.44 | ¥385,538.69 |