GOLD PRICE IN JAPANESE YEN — AUGUST 14, 2020
💱 XAU/JPY · Friday, August 14, 2020
On Friday, August 14, 2020, the gold spot price was C$2,560.64 per troy ounce in Canadian Dollars, equivalent to ¥267,074.75 JPY per ounce or ¥8,586.65 JPY per gram. Gold fell -1.19% 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 14, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,560.64 | C$82.33 | C$82,326.37 |
| JPY | ¥267,074.75 | ¥8,586.65 | ¥8,586,640.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,562.88 | ¥267,308.38 |
| High | C$2,574.38 | ¥268,507.83 |
| Low | C$2,560.64 | ¥267,074.75 |
| Close | C$2,560.64 | ¥267,074.75 |