GOLD PRICE IN JAPANESE YEN — AUGUST 13, 2020
💱 XAU/JPY · Thursday, August 13, 2020
On Thursday, August 13, 2020, the gold spot price was C$2,591.38 per troy ounce in Canadian Dollars, equivalent to ¥270,280.93 JPY per ounce or ¥8,689.73 JPY per gram. Gold rose +0.62% 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 13, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,591.38 | C$83.31 | C$83,314.68 |
| JPY | ¥270,280.93 | ¥8,689.73 | ¥8,689,721.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,544.76 | ¥265,418.47 |
| High | C$2,592.30 | ¥270,376.89 |
| Low | C$2,538.67 | ¥264,783.28 |
| Close | C$2,591.38 | ¥270,280.93 |