GOLD PRICE IN JAPANESE YEN — DECEMBER 14, 2020
💱 XAU/JPY · Monday, December 14, 2020
On Monday, December 14, 2020, the gold spot price was C$2,331.70 per troy ounce in Canadian Dollars, equivalent to ¥243,196.31 JPY per ounce or ¥7,818.94 JPY per gram. Gold fell -0.51% 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 14, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,331.70 | C$74.97 | C$74,965.79 |
| JPY | ¥243,196.31 | ¥7,818.94 | ¥7,818,931.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,340.37 | ¥244,100.59 |
| High | C$2,340.63 | ¥244,127.71 |
| Low | C$2,324.05 | ¥242,398.42 |
| Close | C$2,331.70 | ¥243,196.31 |