GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2020
💱 XAU/JPY · Wednesday, August 12, 2020
On Wednesday, August 12, 2020, the gold spot price was C$2,575.45 per troy ounce in Canadian Dollars, equivalent to ¥268,619.44 JPY per ounce or ¥8,636.31 JPY per gram. Gold fell -0.21% 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 12, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,575.45 | C$82.80 | C$82,802.52 |
| JPY | ¥268,619.44 | ¥8,636.31 | ¥8,636,302.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,559.61 | ¥266,967.32 |
| High | C$2,591.02 | ¥270,243.39 |
| Low | C$2,491.19 | ¥259,831.12 |
| Close | C$2,575.45 | ¥268,619.44 |