GOLD PRICE IN JAPANESE YEN — JUNE 29, 2020
💱 XAU/JPY · Monday, June 29, 2020
On Monday, June 29, 2020, the gold spot price was C$2,427.62 per troy ounce in Canadian Dollars, equivalent to ¥253,200.77 JPY per ounce or ¥8,140.59 JPY per gram. Gold rose +0.45% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,427.62 | C$78.05 | C$78,049.68 |
| JPY | ¥253,200.77 | ¥8,140.59 | ¥8,140,581.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,434.46 | ¥253,914.18 |
| High | C$2,435.01 | ¥253,971.54 |
| Low | C$2,426.94 | ¥253,129.84 |
| Close | C$2,427.62 | ¥253,200.77 |