GOLD PRICE IN JAPANESE YEN — JULY 28, 2020
💱 XAU/JPY · Tuesday, July 28, 2020
On Tuesday, July 28, 2020, the gold spot price was C$2,594.02 per troy ounce in Canadian Dollars, equivalent to ¥270,556.29 JPY per ounce or ¥8,698.58 JPY per gram. Gold rose +0.13% 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 28, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,594.02 | C$83.40 | C$83,399.56 |
| JPY | ¥270,556.29 | ¥8,698.58 | ¥8,698,573.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,576.41 | ¥268,719.56 |
| High | C$2,594.02 | ¥270,556.29 |
| Low | C$2,572.54 | ¥268,315.92 |
| Close | C$2,594.02 | ¥270,556.29 |