GOLD PRICE IN JAPANESE YEN — APRIL 1, 2020
💱 XAU/JPY · Wednesday, April 1, 2020
On Wednesday, April 1, 2020, the gold spot price was C$2,221.79 per troy ounce in Canadian Dollars, equivalent to ¥231,732.70 JPY per ounce or ¥7,450.37 JPY per gram. Gold fell -1.04% 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 — APRIL 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,221.79 | C$71.43 | C$71,432.10 |
| JPY | ¥231,732.70 | ¥7,450.37 | ¥7,450,368.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,210.25 | ¥230,529.07 |
| High | C$2,252.48 | ¥234,933.66 |
| Low | C$2,210.25 | ¥230,529.07 |
| Close | C$2,221.79 | ¥231,732.70 |