GOLD PRICE IN JAPANESE YEN — JULY 9, 2020
💱 XAU/JPY · Thursday, July 9, 2020
On Thursday, July 9, 2020, the gold spot price was C$2,432.01 per troy ounce in Canadian Dollars, equivalent to ¥253,658.64 JPY per ounce or ¥8,155.31 JPY per gram. Gold fell -1.53% 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 9, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,432.01 | C$78.19 | C$78,190.82 |
| JPY | ¥253,658.64 | ¥8,155.31 | ¥8,155,302.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,454.86 | ¥256,041.90 |
| High | C$2,459.86 | ¥256,563.40 |
| Low | C$2,432.01 | ¥253,658.64 |
| Close | C$2,432.01 | ¥253,658.64 |