GOLD PRICE IN JAPANESE YEN — JULY 1, 2020
💱 XAU/JPY · Wednesday, July 1, 2020
On Wednesday, July 1, 2020, the gold spot price was C$2,406.98 per troy ounce in Canadian Dollars, equivalent to ¥251,048.01 JPY per ounce or ¥8,071.38 JPY per gram. Gold fell -1.70% 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 — JULY 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,406.98 | C$77.39 | C$77,386.09 |
| JPY | ¥251,048.01 | ¥8,071.38 | ¥8,071,369.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,434.67 | ¥253,936.08 |
| High | C$2,440.64 | ¥254,558.75 |
| Low | C$2,396.93 | ¥249,999.80 |
| Close | C$2,406.98 | ¥251,048.01 |