Gold rate today in Hiroshima

Hiroshima gold rate at a glance

The international price puts a gram of 24k gold in Hiroshima at roughly 20,539 JPY today, with 22k at about 18,828 JPY. Per 10 grams, a common size for small bars and rate boards, that is about 205,392 JPY for 24k. These are spot-based figures, before any tax, premium or making charge.

The Japan Mint in Hiroshima

Hiroshima has a branch of the Japan Mint. The Ministry of Finance lists the Hiroshima Branch Coin Factory and its exhibition room among the Mint's facilities, next to the head office in Osaka and the Saitama branch.

The Mint's work includes precious metal wares as well as coins and medals.

What moves the gold price in Hiroshima

Everything on a Hiroshima rate board starts from the same place: the dollar price of gold (about $4,042.7 an ounce today) converted at the USD/JPY rate of 158.02. The yen floats freely and can move a lot when the gap between Japanese and US interest rates changes. A weaker yen has pushed the yen gold price to records in recent years even when the dollar price was flat, so in Japan the currency often matters as much as gold itself.

The dollar price itself responds to US interest-rate expectations, the strength of the dollar, inflation data, central-bank buying and geopolitical risk. Our guide to what moves gold prices covers each in turn.

Premiums, making charges and tax in Hiroshima

The shelf price in Hiroshima is higher than the converted figure above. A shop adds 10% consumption tax (retailers' posted prices usually include it), plus a premium on small bars and coins. On jewellery, making charges are charged as a separate fee per small bar or as a design premium on jewellery, so two pieces of the same weight and purity can carry very different prices. Japanese jewellery is marked with a K and the karat (K18, K24) or with its fineness, such as 750 for 18k.

Gold market hours in Hiroshima

The international gold market trades almost around the clock on weekdays. In Hiroshima the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 22:00–02:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 19:30 and 00:00 in Hiroshima, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 22:30 local time. The week's trading closes at 07:00 on Saturday and reopens at 08:00 on Monday, Hiroshima time; over the weekend the price on this page is the last close. Gold futures trade on the Osaka Exchange (part of Japan Exchange Group) since 2020, and a major Tokyo retailer's daily tax-inclusive price per gram is the domestic benchmark. Our gold market hours tool shows the sessions in any time zone.

Hiroshima compared with Osaka

Hiroshima and Osaka both price gold in JPY off the same international price and the same exchange rate, so the converted figure is identical: about 20,539 JPY per gram of 24k in both. Any difference at the counter comes from making charges, dealer premiums and how hard the shops compete.

How this JPY gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 158.02 JPY. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in JPY = $129.98 × 158.02 = 20,539 JPY (24k, pure gold).
3. Price per 10 grams = 20,539 × 10 = 205,392 JPY.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.75.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Hiroshima, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions