GOLD PRICE IN JAPANESE YEN — APRIL 7, 2020
💱 XAU/JPY · Tuesday, April 7, 2020
On Tuesday, April 7, 2020, the gold spot price was C$2,349.42 per troy ounce in Canadian Dollars, equivalent to ¥245,044.51 JPY per ounce or ¥7,878.36 JPY per gram. Gold fell -1.70% 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 7, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,349.42 | C$75.54 | C$75,535.50 |
| JPY | ¥245,044.51 | ¥7,878.36 | ¥7,878,352.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,393.02 | ¥249,591.99 |
| High | C$2,433.52 | ¥253,816.14 |
| Low | C$2,339.82 | ¥244,043.23 |
| Close | C$2,349.42 | ¥245,044.51 |