GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2020
💱 XAU/JPY · Tuesday, December 1, 2020
On Tuesday, December 1, 2020, the gold spot price was C$2,356.88 per troy ounce in Canadian Dollars, equivalent to ¥245,822.58 JPY per ounce or ¥7,903.37 JPY per gram. Gold rose +2.24% 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 — DECEMBER 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,356.88 | C$75.78 | C$75,775.34 |
| JPY | ¥245,822.58 | ¥7,903.37 | ¥7,903,368.15 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,306.08 | ¥240,524.14 |
| High | C$2,359.22 | ¥246,066.65 |
| Low | C$2,305.95 | ¥240,510.58 |
| Close | C$2,356.88 | ¥245,822.58 |