HomeHistoryJPYJune 24, 2020

GOLD PRICE IN JAPANESE YEN — JUNE 24, 2020

💱 XAU/JPY · Wednesday, June 24, 2020

¥249,410.50 JPY/oz
fell -0.06%

On Wednesday, June 24, 2020, the gold spot price was C$2,391.28 per troy ounce in Canadian Dollars, equivalent to ¥249,410.50 JPY per ounce or ¥8,018.73 JPY per gram. Gold fell -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 24, 2020

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,391.28C$76.88C$76,881.33
JPY¥249,410.50¥8,018.73¥8,018,722.29

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,408.21¥251,176.30
HighC$2,414.71¥251,854.25
LowC$2,389.52¥249,226.94
CloseC$2,391.28¥249,410.50

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