GOLD PRICE IN JAPANESE YEN — JULY 7, 2020
💱 XAU/JPY · Tuesday, July 7, 2020
On Tuesday, July 7, 2020, the gold spot price was C$2,442.69 per troy ounce in Canadian Dollars, equivalent to ¥254,772.57 JPY per ounce or ¥8,191.12 JPY per gram. Gold rose +0.80% 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 7, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,442.69 | C$78.53 | C$78,534.19 |
| JPY | ¥254,772.57 | ¥8,191.12 | ¥8,191,116.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,422.52 | ¥252,668.84 |
| High | C$2,442.69 | ¥254,772.57 |
| Low | C$2,414.39 | ¥251,820.88 |
| Close | C$2,442.69 | ¥254,772.57 |