GOLD PRICE IN JAPANESE YEN — DECEMBER 23, 2020
💱 XAU/JPY · Wednesday, December 23, 2020
On Wednesday, December 23, 2020, the gold spot price was C$2,417.11 per troy ounce in Canadian Dollars, equivalent to ¥252,104.57 JPY per ounce or ¥8,105.34 JPY per gram. Gold rose +0.75% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,417.11 | C$77.71 | C$77,711.78 |
| JPY | ¥252,104.57 | ¥8,105.34 | ¥8,105,338.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,407.18 | ¥251,068.87 |
| High | C$2,422.39 | ¥252,655.28 |
| Low | C$2,403.96 | ¥250,733.03 |
| Close | C$2,417.11 | ¥252,104.57 |