GOLD PRICE IN JAPANESE YEN — AUGUST 21, 2020
💱 XAU/JPY · Friday, August 21, 2020
On Friday, August 21, 2020, the gold spot price was C$2,548.33 per troy ounce in Canadian Dollars, equivalent to ¥265,790.82 JPY per ounce or ¥8,545.37 JPY per gram. Gold fell -0.26% 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 21, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,548.33 | C$81.93 | C$81,930.59 |
| JPY | ¥265,790.82 | ¥8,545.37 | ¥8,545,360.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,556.76 | ¥266,670.07 |
| High | C$2,562.03 | ¥267,219.73 |
| Low | C$2,514.48 | ¥262,260.26 |
| Close | C$2,548.33 | ¥265,790.82 |