Gold Price in Japan today per Gram in Japanese Yen (JPY)

Welcome to the Gold Rate in Japan (Tokyo, Osaka, Nagoya, etc.) per Gram. The current price of 24k, 22k, 18k, 16k, 14k, 10k, etc. gold is provided in the Japanese Yen and according to Tokyo (Asia) time (GMT+09:00). The Gram is a wellknown standard unit of measuring precious metals. Also, the gold bullion bars are weighted in this unit, e.g., in 1, 5, 10, 20, 50, and 100 grams.

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Gold Price Japan

Prices may, however, also be quoted in additional key global currencies such as U.S. Dollars, euros or Great British Pounds. The price of gold is typically quoted by the ounce, gram or kilo. The Japanese economy is the third largest in the world behind the United States and China. Japan has the worlds second largest developed economy.

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Mining in Japan Wikipedia

Until the 1970s, all over Japan were mines, oil, natural gas (although a small amount) and coal including gold, silver, copper, iron, zinc mining was done on a large scale. After the period of high economic growth, in addition to resource depletion or lower grades, the mining cost rose and price competitiveness was lost so many mines stopped operations.

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Facility Introduction : Hishikari Mine About Us

It has produced 248.2 tons (as of the end of March, 2020) of gold since production started. The Hishikari Mine boasts highgrade gold containing an average of 3040 grams of gold per 1 ton of ore (the average grade of the world's major gold mines is approximately 5 grams). And, to this day, it still produces about 6 tons of gold per year.

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Price of Gold Today in Japan Current Price of Gold

This is compared to todays gold prices (June 2020) that are hovering around $1,700. If you compare the goldprice today (June 2020) with the prices at the beginning of this millennium (January 2000), the price of gold has increased approximately 496%. This is 3x the increase of the Dow Index during this period.

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