GOLD PRICE IN JAPANESE YEN — JULY 20, 2016
💱 XAU/JPY · Wednesday, July 20, 2016
On Wednesday, July 20, 2016, the gold spot price was C$1,717.95 per troy ounce in Canadian Dollars, equivalent to ¥179,182.19 JPY per ounce or ¥5,760.84 JPY per gram. Gold fell -0.43% 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 — JULY 20, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,717.95 | C$55.23 | C$55,233.30 |
| JPY | ¥179,182.19 | ¥5,760.84 | ¥5,760,832.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,733.84 | ¥180,839.51 |
| High | C$1,742.31 | ¥181,722.93 |
| Low | C$1,713.65 | ¥178,733.70 |
| Close | C$1,717.95 | ¥179,182.19 |