GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2017
💱 XAU/JPY · Wednesday, December 20, 2017
On Wednesday, December 20, 2017, the gold spot price was C$1,630.51 per troy ounce in Canadian Dollars, equivalent to ¥170,062.19 JPY per ounce or ¥5,467.62 JPY per gram. Gold rose +0.53% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — DECEMBER 20, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,630.51 | C$52.42 | C$52,422.04 |
| JPY | ¥170,062.19 | ¥5,467.62 | ¥5,467,618.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,624.33 | ¥169,417.62 |
| High | C$1,631.15 | ¥170,128.95 |
| Low | C$1,624.33 | ¥169,417.62 |
| Close | C$1,630.51 | ¥170,062.19 |