GOLD PRICE IN JAPANESE YEN — JUNE 1, 2020
💱 XAU/JPY · Monday, June 1, 2020
On Monday, June 1, 2020, the gold spot price was C$2,394.34 per troy ounce in Canadian Dollars, equivalent to ¥249,729.66 JPY per ounce or ¥8,028.99 JPY per gram. Gold rose +0.08% 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 — JUNE 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,394.34 | C$76.98 | C$76,979.71 |
| JPY | ¥249,729.66 | ¥8,028.99 | ¥8,028,983.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,397.92 | ¥250,103.06 |
| High | C$2,407.02 | ¥251,052.19 |
| Low | C$2,379.60 | ¥248,192.28 |
| Close | C$2,394.34 | ¥249,729.66 |