GOLD PRICE IN JAPANESE YEN — JUNE 3, 2020
💱 XAU/JPY · Wednesday, June 3, 2020
On Wednesday, June 3, 2020, the gold spot price was C$2,293.73 per troy ounce in Canadian Dollars, equivalent to ¥239,236.04 JPY per ounce or ¥7,691.61 JPY per gram. Gold fell -2.11% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,293.73 | C$73.75 | C$73,745.03 |
| JPY | ¥239,236.04 | ¥7,691.61 | ¥7,691,606.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,332.23 | ¥243,251.59 |
| High | C$2,332.23 | ¥243,251.59 |
| Low | C$2,275.76 | ¥237,361.77 |
| Close | C$2,293.73 | ¥239,236.04 |