GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2019
💱 XAU/JPY · Thursday, December 5, 2019
On Thursday, December 5, 2019, the gold spot price was C$1,948.43 per troy ounce in Canadian Dollars, equivalent to ¥203,221.25 JPY per ounce or ¥6,533.71 JPY per gram. Gold fell -0.55% 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 5, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,948.43 | C$62.64 | C$62,643.39 |
| JPY | ¥203,221.25 | ¥6,533.71 | ¥6,533,705.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,945.53 | ¥202,918.78 |
| High | C$1,949.88 | ¥203,372.48 |
| Low | C$1,942.36 | ¥202,588.15 |
| Close | C$1,948.43 | ¥203,221.25 |