GOLD PRICE IN JAPANESE YEN — JULY 16, 2020
💱 XAU/JPY · Thursday, July 16, 2020
On Thursday, July 16, 2020, the gold spot price was C$2,429.49 per troy ounce in Canadian Dollars, equivalent to ¥253,395.81 JPY per ounce or ¥8,146.86 JPY per gram. Gold fell -1.38% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,429.49 | C$78.11 | C$78,109.80 |
| JPY | ¥253,395.81 | ¥8,146.86 | ¥8,146,852.57 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,445.96 | ¥255,113.63 |
| High | C$2,445.96 | ¥255,113.63 |
| Low | C$2,423.54 | ¥252,775.22 |
| Close | C$2,429.49 | ¥253,395.81 |