GOLD PRICE IN JAPANESE YEN — AUGUST 26, 2020
💱 XAU/JPY · Wednesday, August 26, 2020
On Wednesday, August 26, 2020, the gold spot price was C$2,554.54 per troy ounce in Canadian Dollars, equivalent to ¥266,438.52 JPY per ounce or ¥8,566.19 JPY per gram. Gold rose +1.09% 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 26, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,554.54 | C$82.13 | C$82,130.25 |
| JPY | ¥266,438.52 | ¥8,566.19 | ¥8,566,184.99 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,513.74 | ¥262,183.08 |
| High | C$2,567.84 | ¥267,825.71 |
| Low | C$2,513.74 | ¥262,183.08 |
| Close | C$2,554.54 | ¥266,438.52 |