GOLD PRICE IN JAPANESE YEN — DECEMBER 10, 2020
💱 XAU/JPY · Thursday, December 10, 2020
On Thursday, December 10, 2020, the gold spot price was C$2,351.48 per troy ounce in Canadian Dollars, equivalent to ¥245,259.36 JPY per ounce or ¥7,885.27 JPY per gram. Gold rose +0.01% 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 10, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,351.48 | C$75.60 | C$75,601.73 |
| JPY | ¥245,259.36 | ¥7,885.27 | ¥7,885,260.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,350.97 | ¥245,206.17 |
| High | C$2,371.36 | ¥247,332.85 |
| Low | C$2,344.30 | ¥244,510.49 |
| Close | C$2,351.48 | ¥245,259.36 |