GOLD PRICE IN JAPANESE YEN — JUNE 5, 2020
💱 XAU/JPY · Friday, June 5, 2020
On Friday, June 5, 2020, the gold spot price was C$2,263.14 per troy ounce in Canadian Dollars, equivalent to ¥236,045.50 JPY per ounce or ¥7,589.03 JPY per gram. Gold fell -2.43% 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 5, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,263.14 | C$72.76 | C$72,761.54 |
| JPY | ¥236,045.50 | ¥7,589.03 | ¥7,589,028.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,311.20 | ¥241,058.16 |
| High | C$2,311.20 | ¥241,058.16 |
| Low | C$2,252.88 | ¥234,975.38 |
| Close | C$2,263.14 | ¥236,045.50 |