Gold Price Today in Japan
The live table shows the gold price in Japanese yen per gram, per 10 g, 100 g and kilogram, and for K18 and K14 gold. In Japan, retail gold is quoted per gram and the dealer's selling price includes 10% consumption tax, so it sits roughly 10% above the pre-tax parity figures here plus a margin.
Live gold rate in Japan (JPY)
| Weight & purity | Live price |
|---|---|
| K24 gold · 1 gram | live |
| K24 gold · 10 grams | live |
| K24 gold · 100 grams | live |
| K24 gold · 500 grams | live |
| K24 gold · 1 kilogram | live |
| K24 gold · 1 troy ounce | live |
| K18 gold · 1 gram | live |
| K14 gold · 1 gram | live |
Live XAU/JPY (TradingView FX_IDC:XAUJPY) scaled to each weight and purity, before consumption tax. International parity: the live world gold price converted at the current exchange rate, scaled by weight and purity. It excludes local dealer premiums, taxes and making charges. How we calculate
How gold is priced in Japan
Japanese bullion dealers publish a retail selling price and a buying price per gram of K24 gold each business day, based on the dollar price and the USD/JPY exchange rate. Tanaka Kikinzoku Kogyo, one of the country's best-known precious metals dealers, publishes such a daily price that many people treat as the reference; other dealers and department stores publish their own. Prices are tax-inclusive, and dealers revise them when the market moves strongly.
The yen has a large effect. A weaker yen raises gold in yen even if the dollar price is unchanged, which is why yen gold prices reached record highs during periods of yen weakness. Gold futures are also traded on the Osaka Exchange (part of Japan Exchange Group) in yen per gram.
Consumption tax on buying and selling
Gold bullion is not exempt from consumption tax in Japan. Buyers pay the standard 10% rate, built into the dealer's quoted price. Unusually, when an individual sells gold back to a dealer, the dealer pays the buying price including consumption tax. This symmetry means the tax is not a pure cost on a round trip, but it has also made Japan a target for gold smuggling, and customs enforcement on undeclared gold is strict.
Tax on gains and reporting
For individuals, a profit on selling gold is generally treated as transfer income (joto shotoku), combined with other income, with an annual special deduction of up to ¥500,000. If the gold was held for more than five years, only half of the gain after the deduction is taxed. Dealers must file a payment report with the tax office when they buy more than ¥2 million of gold from one person in a transaction, so large sales are visible to the tax authority. Keep purchase receipts to prove your cost.
Where people buy gold in Japan
Bullion dealers run their own shops, with the main showrooms of the large dealers concentrated in Tokyo's Ginza and Nihonbashi districts and in central Osaka, and branches in other major cities. Department stores sell bars, coins and K18 jewellery, and some host gold sales events. Investors who do not want metal at home use gold accumulation plans, gold exchange-traded funds listed on the Tokyo Stock Exchange or yen-denominated futures. Dealers buy back bars of recognised brands readily; bars from unknown refiners may need assaying first.
Purities and products
| Mark | Gold content | Typical product |
|---|---|---|
| K24 / 999.9 | 99.99% | Bars from 5 g to 1 kg, coins |
| K22 | 91.7% | Some coins |
| K18 | 75% | Most fine jewellery |
| K14 / K10 | 58.5% / 41.7% | Fashion jewellery |
The Japan Mint offers an official hallmarking service for precious metal goods, and its mark shows the purity. Small bars often carry an additional fabrication fee per bar on top of the per-gram price, so 500 g and 1 kg bars are the cheapest per gram.
Worked example (illustrative)
Suppose a dealer's tax-inclusive selling price is ¥22,300 per gram and its buying price ¥22,000 per gram. You buy a 100 g bar and later sell it back at the same prices:
| Item | Calculation | Amount |
|---|---|---|
| Purchase price | 100 g × ¥22,300 | ¥2,230,000 |
| Of which consumption tax | ¥2,230,000 − ¥2,230,000 ÷ 1.1 | ≈ ¥202,727 |
| Sale proceeds (tax included) | 100 g × ¥22,000 | ¥2,200,000 |
| Round-trip cost | ¥2,230,000 − ¥2,200,000 | ¥30,000 |
Figures are examples only. Because the sale is above ¥2 million, the dealer would file a payment report. Any small-bar fee would add to the purchase cost.
Tips
- Compare dealer prices with the parity table multiplied by 1.1 to see the margin.
- Buy larger bars if you can, to avoid per-bar fees.
- Bring identification when selling; dealers are required to confirm identity.
- Gold accumulation plans (junkin tsumitate) let you buy a fixed yen amount monthly; check their fees.