GOLD PRICE IN JAPANESE YEN — DECEMBER 29, 2020
💱 XAU/JPY · Tuesday, December 29, 2020
On Tuesday, December 29, 2020, the gold spot price was C$2,413.53 per troy ounce in Canadian Dollars, equivalent to ¥251,731.18 JPY per ounce or ¥8,093.34 JPY per gram. Gold rose +0.14% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,413.53 | C$77.60 | C$77,596.68 |
| JPY | ¥251,731.18 | ¥8,093.34 | ¥8,093,333.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,415.59 | ¥251,946.04 |
| High | C$2,415.59 | ¥251,946.04 |
| Low | C$2,413.53 | ¥251,731.18 |
| Close | C$2,413.53 | ¥251,731.18 |