GOLD PRICE IN JAPANESE YEN — AUGUST 11, 2020
💱 XAU/JPY · Tuesday, August 11, 2020
On Tuesday, August 11, 2020, the gold spot price was C$2,580.79 per troy ounce in Canadian Dollars, equivalent to ¥269,176.40 JPY per ounce or ¥8,654.22 JPY per gram. Gold fell -4.77% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,580.79 | C$82.97 | C$82,974.21 |
| JPY | ¥269,176.40 | ¥8,654.22 | ¥8,654,209.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,687.36 | ¥280,291.65 |
| High | C$2,692.17 | ¥280,793.33 |
| Low | C$2,542.60 | ¥265,193.18 |
| Close | C$2,580.79 | ¥269,176.40 |