GOLD PRICE IN JAPANESE YEN — APRIL 16, 2020
💱 XAU/JPY · Thursday, April 16, 2020
On Thursday, April 16, 2020, the gold spot price was C$2,429.05 per troy ounce in Canadian Dollars, equivalent to ¥253,349.92 JPY per ounce or ¥8,145.38 JPY per gram. Gold rose +1.32% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,429.05 | C$78.10 | C$78,095.66 |
| JPY | ¥253,349.92 | ¥8,145.38 | ¥8,145,377.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,444.02 | ¥254,911.29 |
| High | C$2,471.69 | ¥257,797.27 |
| Low | C$2,421.43 | ¥252,555.15 |
| Close | C$2,429.05 | ¥253,349.92 |