GOLD PRICE IN JAPANESE YEN — NOVEMBER 17, 2020
💱 XAU/JPY · Tuesday, November 17, 2020
On Tuesday, November 17, 2020, the gold spot price was C$2,464.04 per troy ounce in Canadian Dollars, equivalent to ¥256,999.37 JPY per ounce or ¥8,262.72 JPY per gram. Gold fell -0.52% 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 — NOVEMBER 17, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,464.04 | C$79.22 | C$79,220.61 |
| JPY | ¥256,999.37 | ¥8,262.72 | ¥8,262,709.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,469.14 | ¥257,531.30 |
| High | C$2,469.14 | ¥257,531.30 |
| Low | C$2,464.04 | ¥256,999.37 |
| Close | C$2,464.04 | ¥256,999.37 |