GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2023
💱 XAU/JPY · Wednesday, December 20, 2023
On Wednesday, December 20, 2023, the gold spot price was C$2,712.84 per troy ounce in Canadian Dollars, equivalent to ¥282,949.21 JPY per ounce or ¥9,097.02 JPY per gram. Gold fell -0.67% 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 20, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,712.84 | C$87.22 | C$87,219.70 |
| JPY | ¥282,949.21 | ¥9,097.02 | ¥9,097,015.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,716.31 | ¥283,311.13 |
| High | C$2,716.31 | ¥283,311.13 |
| Low | C$2,707.24 | ¥282,365.13 |
| Close | C$2,712.84 | ¥282,949.21 |