GOLD PRICE IN JAPANESE YEN — DECEMBER 17, 2020
💱 XAU/JPY · Thursday, December 17, 2020
On Thursday, December 17, 2020, the gold spot price was C$2,405.61 per troy ounce in Canadian Dollars, equivalent to ¥250,905.12 JPY per ounce or ¥8,066.78 JPY per gram. Gold rose +2.06% 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 17, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,405.61 | C$77.34 | C$77,342.05 |
| JPY | ¥250,905.12 | ¥8,066.78 | ¥8,066,775.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,389.04 | ¥249,176.87 |
| High | C$2,417.09 | ¥252,102.49 |
| Low | C$2,389.04 | ¥249,176.87 |
| Close | C$2,405.61 | ¥250,905.12 |