GOLD PRICE IN JAPANESE YEN — JULY 27, 2020
💱 XAU/JPY · Monday, July 27, 2020
On Monday, July 27, 2020, the gold spot price was C$2,590.78 per troy ounce in Canadian Dollars, equivalent to ¥270,218.35 JPY per ounce or ¥8,687.72 JPY per gram. Gold rose +1.87% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,590.78 | C$83.30 | C$83,295.39 |
| JPY | ¥270,218.35 | ¥8,687.72 | ¥8,687,709.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,551.47 | ¥266,118.32 |
| High | C$2,600.18 | ¥271,198.77 |
| Low | C$2,551.20 | ¥266,090.16 |
| Close | C$2,590.78 | ¥270,218.35 |