GOLD PRICE IN JAPANESE YEN — DECEMBER 24, 2019
💱 XAU/JPY · Tuesday, December 24, 2019
On Tuesday, December 24, 2019, the gold spot price was C$1,971.05 per troy ounce in Canadian Dollars, equivalent to ¥205,580.51 JPY per ounce or ¥6,609.56 JPY per gram. Gold rose +1.13% 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 24, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,971.05 | C$63.37 | C$63,370.64 |
| JPY | ¥205,580.51 | ¥6,609.56 | ¥6,609,557.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,957.37 | ¥204,153.69 |
| High | C$1,971.05 | ¥205,580.51 |
| Low | C$1,957.37 | ¥204,153.69 |
| Close | C$1,971.05 | ¥205,580.51 |