GOLD PRICE IN JAPANESE YEN — DECEMBER 31, 2020
💱 XAU/JPY · Thursday, December 31, 2020
On Thursday, December 31, 2020, the gold spot price was C$2,413.83 per troy ounce in Canadian Dollars, equivalent to ¥251,762.47 JPY per ounce or ¥8,094.35 JPY per gram. Gold fell -0.45% 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 31, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,413.83 | C$77.61 | C$77,606.32 |
| JPY | ¥251,762.47 | ¥8,094.35 | ¥8,094,339.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,418.81 | ¥252,281.88 |
| High | C$2,424.29 | ¥252,853.45 |
| Low | C$2,413.32 | ¥251,709.28 |
| Close | C$2,413.83 | ¥251,762.47 |