GOLD PRICE IN JAPANESE YEN — JUNE 19, 2020
💱 XAU/JPY · Friday, June 19, 2020
On Friday, June 19, 2020, the gold spot price was C$2,373.10 per troy ounce in Canadian Dollars, equivalent to ¥247,514.33 JPY per ounce or ¥7,957.76 JPY per gram. Gold rose +1.35% 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 19, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,373.10 | C$76.30 | C$76,296.83 |
| JPY | ¥247,514.33 | ¥7,957.76 | ¥7,957,758.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,342.92 | ¥244,366.56 |
| High | C$2,379.62 | ¥248,194.37 |
| Low | C$2,342.65 | ¥244,338.40 |
| Close | C$2,373.10 | ¥247,514.33 |