GOLD PRICE IN JAPANESE YEN — DECEMBER 11, 2020
💱 XAU/JPY · Friday, December 11, 2020
On Friday, December 11, 2020, the gold spot price was C$2,343.76 per troy ounce in Canadian Dollars, equivalent to ¥244,454.17 JPY per ounce or ¥7,859.38 JPY per gram. Gold fell -0.33% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,343.76 | C$75.35 | C$75,353.52 |
| JPY | ¥244,454.17 | ¥7,859.38 | ¥7,859,372.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,342.10 | ¥244,281.03 |
| High | C$2,351.66 | ¥245,278.14 |
| Low | C$2,330.13 | ¥243,032.56 |
| Close | C$2,343.76 | ¥244,454.17 |