GOLD PRICE IN JAPANESE YEN — JULY 17, 2020
💱 XAU/JPY · Friday, July 17, 2020
On Friday, July 17, 2020, the gold spot price was C$2,453.66 per troy ounce in Canadian Dollars, equivalent to ¥255,916.74 JPY per ounce or ¥8,227.91 JPY per gram. Gold rose +0.99% 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 17, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,453.66 | C$78.89 | C$78,886.89 |
| JPY | ¥255,916.74 | ¥8,227.91 | ¥8,227,902.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,440.37 | ¥254,530.59 |
| High | C$2,456.11 | ¥256,172.27 |
| Low | C$2,440.37 | ¥254,530.59 |
| Close | C$2,453.66 | ¥255,916.74 |