GOLD PRICE IN JAPANESE YEN — JUNE 9, 2020
💱 XAU/JPY · Tuesday, June 9, 2020
On Tuesday, June 9, 2020, the gold spot price was C$2,292.21 per troy ounce in Canadian Dollars, equivalent to ¥239,077.50 JPY per ounce or ¥7,686.51 JPY per gram. Gold rose +0.78% 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 9, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,292.21 | C$73.70 | C$73,696.16 |
| JPY | ¥239,077.50 | ¥7,686.51 | ¥7,686,509.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,265.34 | ¥236,274.96 |
| High | C$2,300.50 | ¥239,942.15 |
| Low | C$2,261.87 | ¥235,913.04 |
| Close | C$2,292.21 | ¥239,077.50 |