GOLD PRICE IN JAPANESE YEN — JULY 22, 2020
💱 XAU/JPY · Wednesday, July 22, 2020
On Wednesday, July 22, 2020, the gold spot price was C$2,506.80 per troy ounce in Canadian Dollars, equivalent to ¥261,459.24 JPY per ounce or ¥8,406.10 JPY per gram. Gold rose +0.60% 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 22, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,506.80 | C$80.60 | C$80,595.37 |
| JPY | ¥261,459.24 | ¥8,406.10 | ¥8,406,097.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,498.74 | ¥260,618.58 |
| High | C$2,510.70 | ¥261,866.01 |
| Low | C$2,494.16 | ¥260,140.89 |
| Close | C$2,506.80 | ¥261,459.24 |