GOLD PRICE IN JAPANESE YEN — FEBRUARY 20, 2020
💱 XAU/JPY · Thursday, February 20, 2020
On Thursday, February 20, 2020, the gold spot price was C$2,137.21 per troy ounce in Canadian Dollars, equivalent to ¥222,911.00 JPY per ounce or ¥7,166.75 JPY per gram. Gold rose +0.31% 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 — FEBRUARY 20, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,137.21 | C$68.71 | C$68,712.80 |
| JPY | ¥222,911.00 | ¥7,166.75 | ¥7,166,744.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,123.86 | ¥221,518.60 |
| High | C$2,143.03 | ¥223,518.03 |
| Low | C$2,119.23 | ¥221,035.69 |
| Close | C$2,137.21 | ¥222,911.00 |