GOLD PRICE IN JAPANESE YEN — DECEMBER 28, 2020
💱 XAU/JPY · Monday, December 28, 2020
On Monday, December 28, 2020, the gold spot price was C$2,410.25 per troy ounce in Canadian Dollars, equivalent to ¥251,389.07 JPY per ounce or ¥8,082.34 JPY per gram. Gold fell -0.19% 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 28, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,410.25 | C$77.49 | C$77,491.22 |
| JPY | ¥251,389.07 | ¥8,082.34 | ¥8,082,334.73 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,433.75 | ¥253,840.13 |
| High | C$2,434.13 | ¥253,879.76 |
| Low | C$2,405.76 | ¥250,920.77 |
| Close | C$2,410.25 | ¥251,389.07 |