GOLD PRICE IN JAPANESE YEN — MARCH 20, 2020
💱 XAU/JPY · Friday, March 20, 2020
On Friday, March 20, 2020, the gold spot price was C$2,151.53 per troy ounce in Canadian Dollars, equivalent to ¥224,404.58 JPY per ounce or ¥7,214.77 JPY per gram. Gold rose +0.73% 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 — MARCH 20, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,151.53 | C$69.17 | C$69,173.20 |
| JPY | ¥224,404.58 | ¥7,214.77 | ¥7,214,764.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,150.81 | ¥224,329.48 |
| High | C$2,151.53 | ¥224,404.58 |
| Low | C$2,150.81 | ¥224,329.48 |
| Close | C$2,151.53 | ¥224,404.58 |