GOLD PRICE IN JAPANESE YEN — JUNE 2, 2020
💱 XAU/JPY · Tuesday, June 2, 2020
On Tuesday, June 2, 2020, the gold spot price was C$2,343.25 per troy ounce in Canadian Dollars, equivalent to ¥244,400.98 JPY per ounce or ¥7,857.67 JPY per gram. Gold fell -2.13% 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 2, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,343.25 | C$75.34 | C$75,337.13 |
| JPY | ¥244,400.98 | ¥7,857.67 | ¥7,857,662.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,367.43 | ¥246,922.95 |
| High | C$2,370.83 | ¥247,277.57 |
| Low | C$2,338.63 | ¥243,919.11 |
| Close | C$2,343.25 | ¥244,400.98 |