GOLD PRICE IN JAPANESE YEN — AUGUST 19, 2020
💱 XAU/JPY · Wednesday, August 19, 2020
On Wednesday, August 19, 2020, the gold spot price was C$2,576.14 per troy ounce in Canadian Dollars, equivalent to ¥268,691.40 JPY per ounce or ¥8,638.62 JPY per gram. Gold fell -2.55% 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 19, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,576.14 | C$82.82 | C$82,824.70 |
| JPY | ¥268,691.40 | ¥8,638.62 | ¥8,638,616.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,604.16 | ¥271,613.89 |
| High | C$2,604.16 | ¥271,613.89 |
| Low | C$2,549.84 | ¥265,948.31 |
| Close | C$2,576.14 | ¥268,691.40 |