GOLD PRICE IN JAPANESE YEN — JULY 23, 2020
💱 XAU/JPY · Thursday, July 23, 2020
On Thursday, July 23, 2020, the gold spot price was C$2,534.64 per troy ounce in Canadian Dollars, equivalent to ¥264,362.95 JPY per ounce or ¥8,499.46 JPY per gram. Gold rose +1.11% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,534.64 | C$81.49 | C$81,490.45 |
| JPY | ¥264,362.95 | ¥8,499.46 | ¥8,499,453.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,507.27 | ¥261,508.26 |
| High | C$2,536.25 | ¥264,530.88 |
| Low | C$2,507.00 | ¥261,480.10 |
| Close | C$2,534.64 | ¥264,362.95 |