GOLD PRICE IN JAPANESE YEN — DECEMBER 18, 2020
💱 XAU/JPY · Friday, December 18, 2020
On Friday, December 18, 2020, the gold spot price was C$2,400.68 per troy ounce in Canadian Dollars, equivalent to ¥250,390.92 JPY per ounce or ¥8,050.25 JPY per gram. Gold fell -0.20% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,400.68 | C$77.18 | C$77,183.54 |
| JPY | ¥250,390.92 | ¥8,050.25 | ¥8,050,243.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,396.48 | ¥249,952.86 |
| High | C$2,405.52 | ¥250,895.74 |
| Low | C$2,396.36 | ¥249,940.35 |
| Close | C$2,400.68 | ¥250,390.92 |