GOLD PRICE IN JAPANESE YEN — DECEMBER 2, 2020
💱 XAU/JPY · Wednesday, December 2, 2020
On Wednesday, December 2, 2020, the gold spot price was C$2,361.18 per troy ounce in Canadian Dollars, equivalent to ¥246,271.07 JPY per ounce or ¥7,917.79 JPY per gram. Gold rose +0.18% 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 2, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,361.18 | C$75.91 | C$75,913.59 |
| JPY | ¥246,271.07 | ¥7,917.79 | ¥7,917,787.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,342.55 | ¥244,327.97 |
| High | C$2,366.74 | ¥246,850.98 |
| Low | C$2,338.03 | ¥243,856.53 |
| Close | C$2,361.18 | ¥246,271.07 |