GOLD PRICE IN JAPANESE YEN — JANUARY 20, 2021
💱 XAU/JPY · Wednesday, January 20, 2021
On Wednesday, January 20, 2021, the gold spot price was C$2,373.93 per troy ounce in Canadian Dollars, equivalent to ¥247,600.90 JPY per ounce or ¥7,960.55 JPY per gram. Gold rose +1.23% 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 — JANUARY 20, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,373.93 | C$76.32 | C$76,323.51 |
| JPY | ¥247,600.90 | ¥7,960.55 | ¥7,960,542.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,350.90 | ¥245,198.87 |
| High | C$2,374.82 | ¥247,693.73 |
| Low | C$2,346.57 | ¥244,747.25 |
| Close | C$2,373.93 | ¥247,600.90 |