GOLD PRICE IN JAPANESE YEN — JUNE 18, 2020
💱 XAU/JPY · Thursday, June 18, 2020
On Thursday, June 18, 2020, the gold spot price was C$2,341.55 per troy ounce in Canadian Dollars, equivalent to ¥244,223.67 JPY per ounce or ¥7,851.97 JPY per gram. Gold rose +0.06% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,341.55 | C$75.28 | C$75,282.47 |
| JPY | ¥244,223.67 | ¥7,851.97 | ¥7,851,961.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,349.29 | ¥245,030.95 |
| High | C$2,354.18 | ¥245,540.97 |
| Low | C$2,331.37 | ¥243,161.89 |
| Close | C$2,341.55 | ¥244,223.67 |