GOLD PRICE IN JAPANESE YEN — DECEMBER 3, 2020
💱 XAU/JPY · Thursday, December 3, 2020
On Thursday, December 3, 2020, the gold spot price was C$2,372.63 per troy ounce in Canadian Dollars, equivalent to ¥247,465.31 JPY per ounce or ¥7,956.19 JPY per gram. Gold rose +0.48% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,372.63 | C$76.28 | C$76,281.72 |
| JPY | ¥247,465.31 | ¥7,956.19 | ¥7,956,182.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,362.81 | ¥246,441.08 |
| High | C$2,379.35 | ¥248,166.21 |
| Low | C$2,357.78 | ¥245,916.45 |
| Close | C$2,372.63 | ¥247,465.31 |