GOLD PRICE IN JAPANESE YEN — DECEMBER 22, 2020
💱 XAU/JPY · Tuesday, December 22, 2020
On Tuesday, December 22, 2020, the gold spot price was C$2,399.18 per troy ounce in Canadian Dollars, equivalent to ¥250,234.47 JPY per ounce or ¥8,045.22 JPY per gram. Gold fell -0.34% 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 22, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,399.18 | C$77.14 | C$77,135.32 |
| JPY | ¥250,234.47 | ¥8,045.22 | ¥8,045,213.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,419.23 | ¥252,325.69 |
| High | C$2,419.23 | ¥252,325.69 |
| Low | C$2,391.98 | ¥249,483.51 |
| Close | C$2,399.18 | ¥250,234.47 |