GOLD PRICE IN JAPANESE YEN — NOVEMBER 19, 2020
💱 XAU/JPY · Thursday, November 19, 2020
On Thursday, November 19, 2020, the gold spot price was C$2,435.10 per troy ounce in Canadian Dollars, equivalent to ¥253,980.93 JPY per ounce or ¥8,165.67 JPY per gram. Gold fell -0.82% 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 19, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,435.10 | C$78.29 | C$78,290.17 |
| JPY | ¥253,980.93 | ¥8,165.67 | ¥8,165,664.69 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,441.25 | ¥254,622.38 |
| High | C$2,441.25 | ¥254,622.38 |
| Low | C$2,428.43 | ¥253,285.25 |
| Close | C$2,435.10 | ¥253,980.93 |