GOLD PRICE IN JAPANESE YEN — NOVEMBER 27, 2020
💱 XAU/JPY · Friday, November 27, 2020
On Friday, November 27, 2020, the gold spot price was C$2,320.11 per troy ounce in Canadian Dollars, equivalent to ¥241,987.47 JPY per ounce or ¥7,780.07 JPY per gram. Gold fell -1.14% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,320.11 | C$74.59 | C$74,593.16 |
| JPY | ¥241,987.47 | ¥7,780.07 | ¥7,780,066.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,351.61 | ¥245,272.92 |
| High | C$2,365.81 | ¥246,753.98 |
| Low | C$2,305.52 | ¥240,465.74 |
| Close | C$2,320.11 | ¥241,987.47 |