GOLD PRICE IN JAPANESE YEN — JUNE 11, 2020
💱 XAU/JPY · Thursday, June 11, 2020
On Thursday, June 11, 2020, the gold spot price was C$2,325.80 per troy ounce in Canadian Dollars, equivalent to ¥242,580.94 JPY per ounce or ¥7,799.15 JPY per gram. Gold rose +1.14% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,325.80 | C$74.78 | C$74,776.10 |
| JPY | ¥242,580.94 | ¥7,799.15 | ¥7,799,147.03 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,332.78 | ¥243,308.95 |
| High | C$2,342.05 | ¥244,275.82 |
| Low | C$2,309.68 | ¥240,899.62 |
| Close | C$2,325.80 | ¥242,580.94 |