About Gold Pricing in Japan
The gold price displayed above is calculated live from the COMEX spot price and converted to JPY using real-time exchange rates. Physical gold purchases in Japan are subject to 10% consumption tax (shouhizei).
Japan has a deep gold trading culture. The Tokyo Commodity Exchange (TOCOM, now part of JPX) trades gold futures denominated in JPY per gram. Tanaka Kikinzoku, founded in 1885, is Japan's oldest precious metals dealer. AURUM calculates Japanese gold rates using: COMEX spot x JPY/USD rate (BOJ reference rate).
Japanese investors often use gold accumulation plans (jun-kin tsumitate) offered by dealers like Tanaka and Mitsubishi Materials, allowing monthly fixed-amount purchases. For full gold intelligence, visit the AURUM platform.
Frequently Asked Questions - Gold in Japan
What is the gold price in Japan today? +
Japanese gold price is the COMEX spot price converted to JPY. Physical gold in Japan is subject to 10% consumption tax. TOCOM (Tokyo Commodity Exchange) also provides JPY-denominated gold futures pricing.
Is there tax on gold in Japan? +
Yes. Physical gold purchases in Japan are subject to 10% consumption tax (shouhizei). When selling gold, profits are taxed as miscellaneous income (zatsu shotoku). Gold held over 5 years receives a 50% tax reduction on gains.
What is TOCOM gold? +
TOCOM (Tokyo Commodity Exchange, now part of Japan Exchange Group) trades gold futures in JPY per gram. It is the primary gold futures market in Asia and provides price discovery for the Japanese domestic market.
What is a gold accumulation plan in Japan? +
Jun-kin tsumitate allows investors to buy gold in small fixed monthly amounts (as low as JPY 1,000/month). Major dealers like Tanaka Kikinzoku and Mitsubishi Materials offer these plans. Gold is purchased daily and accumulated over time.
How does JPY/USD affect gold prices in Japan? +
Gold is priced in USD globally. The weak yen in 2024-2026 has driven JPY gold prices to record highs even when USD gold was stable. AURUM updates the JPY conversion in real time using BOJ reference rates.