GOLD PRICE IN JAPANESE YEN — NOVEMBER 18, 2020
💱 XAU/JPY · Wednesday, November 18, 2020
On Wednesday, November 18, 2020, the gold spot price was C$2,455.22 per troy ounce in Canadian Dollars, equivalent to ¥256,079.45 JPY per ounce or ¥8,233.14 JPY per gram. Gold fell -0.36% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,455.22 | C$78.94 | C$78,937.04 |
| JPY | ¥256,079.45 | ¥8,233.14 | ¥8,233,133.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,455.22 | ¥256,079.45 |
| High | C$2,455.22 | ¥256,079.45 |
| Low | C$2,455.22 | ¥256,079.45 |
| Close | C$2,455.22 | ¥256,079.45 |