GOLD PRICE IN JAPANESE YEN — APRIL 8, 2020
💱 XAU/JPY · Wednesday, April 8, 2020
On Wednesday, April 8, 2020, the gold spot price was C$2,333.89 per troy ounce in Canadian Dollars, equivalent to ¥243,424.73 JPY per ounce or ¥7,826.28 JPY per gram. Gold fell -0.66% 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 8, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,333.89 | C$75.04 | C$75,036.20 |
| JPY | ¥243,424.73 | ¥7,826.28 | ¥7,826,275.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,339.92 | ¥244,053.66 |
| High | C$2,350.15 | ¥245,120.65 |
| Low | C$2,329.83 | ¥243,001.27 |
| Close | C$2,333.89 | ¥243,424.73 |