GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2024
💱 XAU/JPY · Monday, December 16, 2024
On Monday, December 16, 2024, the gold spot price was C$3,771.86 per troy ounce in Canadian Dollars, equivalent to ¥393,405.00 JPY per ounce or ¥12,648.25 JPY per gram. Gold fell -0.11% 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 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,771.86 | C$121.27 | C$121,267.94 |
| JPY | ¥393,405.00 | ¥12,648.25 | ¥12,648,246.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,781.67 | ¥394,428.18 |
| High | C$3,788.78 | ¥395,169.75 |
| Low | C$3,771.29 | ¥393,345.55 |
| Close | C$3,771.86 | ¥393,405.00 |