GOLD PRICE IN JAPANESE YEN — JUNE 16, 2020
💱 XAU/JPY · Tuesday, June 16, 2020
On Tuesday, June 16, 2020, the gold spot price was C$2,340.82 per troy ounce in Canadian Dollars, equivalent to ¥244,147.53 JPY per ounce or ¥7,849.52 JPY per gram. Gold fell -0.22% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,340.82 | C$75.26 | C$75,259.00 |
| JPY | ¥244,147.53 | ¥7,849.52 | ¥7,849,513.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,336.36 | ¥243,682.35 |
| High | C$2,340.82 | ¥244,147.53 |
| Low | C$2,331.08 | ¥243,131.64 |
| Close | C$2,340.82 | ¥244,147.53 |