GOLD PRICE IN JAPANESE YEN — JULY 10, 2020
💱 XAU/JPY · Friday, July 10, 2020
On Friday, July 10, 2020, the gold spot price was C$2,441.96 per troy ounce in Canadian Dollars, equivalent to ¥254,696.43 JPY per ounce or ¥8,188.67 JPY per gram. Gold rose +0.41% 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 10, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,441.96 | C$78.51 | C$78,510.72 |
| JPY | ¥254,696.43 | ¥8,188.67 | ¥8,188,668.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,451.87 | ¥255,730.04 |
| High | C$2,451.87 | ¥255,730.04 |
| Low | C$2,441.28 | ¥254,625.50 |
| Close | C$2,441.96 | ¥254,696.43 |