GOLD PRICE IN JAPANESE YEN — JUNE 22, 2020
💱 XAU/JPY · Monday, June 22, 2020
On Monday, June 22, 2020, the gold spot price was C$2,392.10 per troy ounce in Canadian Dollars, equivalent to ¥249,496.03 JPY per ounce or ¥8,021.48 JPY per gram. Gold rose +0.80% 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 22, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,392.10 | C$76.91 | C$76,907.69 |
| JPY | ¥249,496.03 | ¥8,021.48 | ¥8,021,472.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,390.06 | ¥249,283.26 |
| High | C$2,406.94 | ¥251,043.84 |
| Low | C$2,383.66 | ¥248,615.74 |
| Close | C$2,392.10 | ¥249,496.03 |