GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2019
💱 XAU/JPY · Monday, December 16, 2019
On Monday, December 16, 2019, the gold spot price was C$1,944.55 per troy ounce in Canadian Dollars, equivalent to ¥202,816.57 JPY per ounce or ¥6,520.70 JPY per gram. Gold rose +0.19% 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 16, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,944.55 | C$62.52 | C$62,518.64 |
| JPY | ¥202,816.57 | ¥6,520.70 | ¥6,520,694.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,942.97 | ¥202,651.77 |
| High | C$1,944.95 | ¥202,858.29 |
| Low | C$1,942.97 | ¥202,651.77 |
| Close | C$1,944.55 | ¥202,816.57 |