Gold Price per Gram 21K in Japan (875)

Last update: Monday, 11 November 2024, 7:27 AM According to the time zone of Tokyo

11,530.36 Japanese Yen/Gram 21K
Live
75.52 U.S. Dollar/Gram 21K

Gold price per Gram 21K in Japan is 11,530.36 Japanese Yen (JPY) per Gram 21K.

This page shows the current today's gold price per Gram 21K in Japan in Japanese Yen (JPY). Gold karat 21 contains 87.5% of gold. Gold 21K is also called 875 gold.

Gold Price per Gram 21K in Japan in Japanese Yen and Other Major Currencies

Gold Gram 21K
Japanese Yen 11,530.36
U.S. Dollar 75.52
Euro 70.46
British Pound 58.47

Gold Price Chart Japanese Yen/Gram 21K

Gold Price for 21K in Japan in Japanese Yen For Different Units (Weights)

Gold 21K
Ounce 21K 358,594.04
Gram 21K 11,530.36
Kilogram 21K 11,530,355.09
Tola 21K 134,472.77

Gold price in Japan in November 2024 in Japanese Yen/Gram 21K

Date Gold Gram 21K
9 November 2024 11,524.80 Japanese Yen
8 November 2024 11,585.16 Japanese Yen
7 November 2024 11,536.86 Japanese Yen
6 November 2024 11,828.93 Japanese Yen
5 November 2024 11,731.98 Japanese Yen
4 November 2024 11,702.86 Japanese Yen
3 November 2024 11,770.22 Japanese Yen
2 November 2024 11,762.37 Japanese Yen
1 November 2024 11,806.79 Japanese Yen
31 October 2024 11,972.54 Japanese Yen
29 October 2024 11,850.98 Japanese Yen
28 October 2024 11,825.35 Japanese Yen
27 October 2024 11,771.56 Japanese Yen
26 October 2024 11,762.83 Japanese Yen
25 October 2024 11,634.48 Japanese Yen
24 October 2024 11,677.31 Japanese Yen
23 October 2024 11,658.71 Japanese Yen
18 October 2024 11,431.03 Japanese Yen
17 October 2024 11,275.18 Japanese Yen
16 October 2024 11,198.46 Japanese Yen
15 October 2024 11,120.07 Japanese Yen
14 October 2024 11,170.82 Japanese Yen
11 October 2024 11,147.86 Japanese Yen
12 October 2024 11,159.66 Japanese Yen
11 October 2024 11,064.44 Japanese Yen
10 October 2024 10,977.44 Japanese Yen
9 October 2024 10,937.61 Japanese Yen
8 October 2024 11,018.52 Japanese Yen
7 October 2024 11,057.22 Japanese Yen
6 October 2024 11,099.17 Japanese Yen

How to Calculate the Price of Gram 21K Gold in Japan

  1. Find the current price of gold per ounce 24K

    Check the gold price in United States dollar per ounce 24K from a trusted source (e.g., 2,684)

  2. Convert the price of gold from United States dollar to Japanese Yen

    Assume the exchange rate is 153 Japanese Yen per United States dollar. Use the formula:

    Gold price in Japanese Yen = Gold price in United States dollar × United States dollar to Japanese Yen exchange rate
    Gold price in Japanese Yen = 2,684 × 153 = 409,822 Japanese Yen per ounce 24K
  3. Calculate the price per gram of 24K gold

    Since 1 ounce equals 31.1 grams, the price per gram of 24K gold is:

    Price per gram of 24K = Gold price in Japanese Yen / 31.1
    Price per gram of 24K = 409,822 / 31.1 ≈ 13,177.55 Japanese Yen
  4. Convert the price from 24K to 21K gold

    Since 21K gold is 21 parts gold out of 24, the price for 21K gold is:

    Price per Gram of 21K gold = Price per Gram of 24K gold × (21 / 24)
    Price per Gram of 21K gold = 13,177.55 × (21 / 24) ≈ 11,530.36 Japanese Yen
  5. Add the manufacturing cost

    Assume making charges are 2500 Japanese Yen per gram. The final price is:

    Final price of Gram 21K gold = Price per Gram of 21K gold + Making charges
    Final price of Gram 21K gold = 11,530.36 + 2500 = 14,030.36 Japanese Yen
  6. Conclusion

    The price of 1 Gram of 21K gold with making charges is approximately 14,030.36 Japanese Yen.

Gold Making Charges in Japan

In Japan, gold making charges can significantly impact the overall cost of purchasing gold jewelry. Typically, these charges are expressed as a percentage of the gram price of gold, reflecting the craftsmanship and design intricacies involved in creating jewelry pieces. On average, the making charges can range from 10% to 20% of the gold price per gram.

For example, if the current gold price in Japan is approximately 7,000 JPY per gram, the making charges could add between 700 JPY and 1,400 JPY per gram to the final price, resulting in a total cost of 7,700 JPY to 8,400 JPY per gram for consumers. Factors such as the type of jewelry, the brand, and the complexity of the design can influence the exact making charges.

Moreover, local jewelers may have different pricing structures, leading to variations in making charges. Buyers in Japan should be aware of these additional costs when purchasing gold jewelry to make informed decisions and compare different options effectively.