GOLD PRICE IN JAPANESE YEN — AUGUST 27, 2020
💱 XAU/JPY · Thursday, August 27, 2020
On Thursday, August 27, 2020, the gold spot price was C$2,524.60 per troy ounce in Canadian Dollars, equivalent to ¥263,315.78 JPY per ounce or ¥8,465.79 JPY per gram. Gold fell -1.17% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,524.60 | C$81.17 | C$81,167.66 |
| JPY | ¥263,315.78 | ¥8,465.79 | ¥8,465,786.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,560.46 | ¥267,055.98 |
| High | C$2,591.47 | ¥270,290.32 |
| Low | C$2,524.60 | ¥263,315.78 |
| Close | C$2,524.60 | ¥263,315.78 |