GOLD PRICE IN JAPANESE YEN — AUGUST 10, 2020
💱 XAU/JPY · Monday, August 10, 2020
On Monday, August 10, 2020, the gold spot price was C$2,710.02 per troy ounce in Canadian Dollars, equivalent to ¥282,655.09 JPY per ounce or ¥9,087.57 JPY per gram. Gold rose +1.23% 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 10, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,710.02 | C$87.13 | C$87,129.04 |
| JPY | ¥282,655.09 | ¥9,087.57 | ¥9,087,558.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,712.70 | ¥282,934.61 |
| High | C$2,735.99 | ¥285,363.76 |
| Low | C$2,700.79 | ¥281,692.40 |
| Close | C$2,710.02 | ¥282,655.09 |