GOLD PRICE IN JAPANESE YEN — JUNE 23, 2020
💱 XAU/JPY · Tuesday, June 23, 2020
On Tuesday, June 23, 2020, the gold spot price was C$2,392.65 per troy ounce in Canadian Dollars, equivalent to ¥249,553.40 JPY per ounce or ¥8,023.32 JPY per gram. Gold rose +0.02% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,392.65 | C$76.93 | C$76,925.37 |
| JPY | ¥249,553.40 | ¥8,023.32 | ¥8,023,316.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,370.11 | ¥247,202.47 |
| High | C$2,398.32 | ¥250,144.78 |
| Low | C$2,368.49 | ¥247,033.51 |
| Close | C$2,392.65 | ¥249,553.40 |