GOLD PRICE IN JAPANESE YEN — NOVEMBER 23, 2020
💱 XAU/JPY · Monday, November 23, 2020
On Monday, November 23, 2020, the gold spot price was C$2,404.25 per troy ounce in Canadian Dollars, equivalent to ¥250,763.28 JPY per ounce or ¥8,062.22 JPY per gram. Gold fell -1.88% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,404.25 | C$77.30 | C$77,298.32 |
| JPY | ¥250,763.28 | ¥8,062.22 | ¥8,062,214.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,400.32 | ¥250,353.38 |
| High | C$2,404.25 | ¥250,763.28 |
| Low | C$2,393.00 | ¥249,589.90 |
| Close | C$2,404.25 | ¥250,763.28 |