GOLD PRICE IN JAPANESE YEN — DECEMBER 21, 2020
💱 XAU/JPY · Monday, December 21, 2020
On Monday, December 21, 2020, the gold spot price was C$2,407.37 per troy ounce in Canadian Dollars, equivalent to ¥251,088.69 JPY per ounce or ¥8,072.68 JPY per gram. Gold rose +0.28% 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 21, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,407.37 | C$77.40 | C$77,398.63 |
| JPY | ¥251,088.69 | ¥8,072.68 | ¥8,072,677.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,414.54 | ¥251,836.52 |
| High | C$2,444.26 | ¥254,936.32 |
| Low | C$2,394.43 | ¥249,739.05 |
| Close | C$2,407.37 | ¥251,088.69 |