GOLD PRICE IN JAPANESE YEN — AUGUST 3, 2020
💱 XAU/JPY · Monday, August 3, 2020
On Monday, August 3, 2020, the gold spot price was C$2,633.89 per troy ounce in Canadian Dollars, equivalent to ¥274,714.73 JPY per ounce or ¥8,832.28 JPY per gram. Gold rose +0.05% 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 — AUGUST 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,633.89 | C$84.68 | C$84,681.41 |
| JPY | ¥274,714.73 | ¥8,832.28 | ¥8,832,270.77 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,658.41 | ¥277,272.16 |
| High | C$2,658.41 | ¥277,272.16 |
| Low | C$2,619.82 | ¥273,247.23 |
| Close | C$2,633.89 | ¥274,714.73 |