GOLD PRICE IN JAPANESE YEN — AUGUST 20, 2020
💱 XAU/JPY · Thursday, August 20, 2020
On Thursday, August 20, 2020, the gold spot price was C$2,554.98 per troy ounce in Canadian Dollars, equivalent to ¥266,484.41 JPY per ounce or ¥8,567.67 JPY per gram. Gold fell -0.82% 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 20, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,554.98 | C$82.14 | C$82,144.40 |
| JPY | ¥266,484.41 | ¥8,567.67 | ¥8,567,660.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,564.75 | ¥267,503.43 |
| High | C$2,574.13 | ¥268,481.76 |
| Low | C$2,539.78 | ¥264,899.05 |
| Close | C$2,554.98 | ¥266,484.41 |