GOLD PRICE IN JAPANESE YEN — NOVEMBER 20, 2020
💱 XAU/JPY · Friday, November 20, 2020
On Friday, November 20, 2020, the gold spot price was C$2,450.43 per troy ounce in Canadian Dollars, equivalent to ¥255,579.85 JPY per ounce or ¥8,217.08 JPY per gram. Gold rose +0.63% 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 20, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,450.43 | C$78.78 | C$78,783.04 |
| JPY | ¥255,579.85 | ¥8,217.08 | ¥8,217,071.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,448.60 | ¥255,388.98 |
| High | C$2,450.43 | ¥255,579.85 |
| Low | C$2,448.60 | ¥255,388.98 |
| Close | C$2,450.43 | ¥255,579.85 |