GOLD PRICE IN JAPANESE YEN — DECEMBER 15, 2020
💱 XAU/JPY · Tuesday, December 15, 2020
On Tuesday, December 15, 2020, the gold spot price was C$2,363.59 per troy ounce in Canadian Dollars, equivalent to ¥246,522.44 JPY per ounce or ¥7,925.87 JPY per gram. Gold rose +1.37% 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 15, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,363.59 | C$75.99 | C$75,991.07 |
| JPY | ¥246,522.44 | ¥7,925.87 | ¥7,925,868.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,339.60 | ¥244,020.28 |
| High | C$2,365.25 | ¥246,695.57 |
| Low | C$2,339.22 | ¥243,980.65 |
| Close | C$2,363.59 | ¥246,522.44 |