GOLD PRICE IN JAPANESE YEN — JULY 6, 2020
💱 XAU/JPY · Monday, July 6, 2020
On Monday, July 6, 2020, the gold spot price was C$2,423.26 per troy ounce in Canadian Dollars, equivalent to ¥252,746.02 JPY per ounce or ¥8,125.97 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 — JULY 6, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,423.26 | C$77.91 | C$77,909.51 |
| JPY | ¥252,746.02 | ¥8,125.97 | ¥8,125,961.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,422.85 | ¥252,703.25 |
| High | C$2,425.42 | ¥252,971.31 |
| Low | C$2,422.85 | ¥252,703.25 |
| Close | C$2,423.26 | ¥252,746.02 |