GOLD PRICE IN JAPANESE YEN — JUNE 12, 2020
💱 XAU/JPY · Friday, June 12, 2020
On Friday, June 12, 2020, the gold spot price was C$2,358.40 per troy ounce in Canadian Dollars, equivalent to ¥245,981.12 JPY per ounce or ¥7,908.47 JPY per gram. Gold rose +1.40% 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 12, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,358.40 | C$75.82 | C$75,824.21 |
| JPY | ¥245,981.12 | ¥7,908.47 | ¥7,908,465.19 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,352.40 | ¥245,355.32 |
| High | C$2,377.09 | ¥247,930.49 |
| Low | C$2,352.40 | ¥245,355.32 |
| Close | C$2,358.40 | ¥245,981.12 |