GOLD PRICE IN JAPANESE YEN — AUGUST 18, 2020
💱 XAU/JPY · Tuesday, August 18, 2020
On Tuesday, August 18, 2020, the gold spot price was C$2,643.57 per troy ounce in Canadian Dollars, equivalent to ¥275,724.35 JPY per ounce or ¥8,864.74 JPY per gram. Gold rose +0.49% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,643.57 | C$84.99 | C$84,992.63 |
| JPY | ¥275,724.35 | ¥8,864.74 | ¥8,864,730.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,645.81 | ¥275,957.98 |
| High | C$2,648.06 | ¥276,192.66 |
| Low | C$2,607.47 | ¥271,959.12 |
| Close | C$2,643.57 | ¥275,724.35 |