GOLD PRICE IN JAPANESE YEN — SEPTEMBER 1, 2020
💱 XAU/JPY · Tuesday, September 1, 2020
On Tuesday, September 1, 2020, the gold spot price was C$2,565.55 per troy ounce in Canadian Dollars, equivalent to ¥267,586.87 JPY per ounce or ¥8,603.11 JPY per gram. Gold fell -0.32% 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 — SEPTEMBER 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,565.55 | C$82.48 | C$82,484.23 |
| JPY | ¥267,586.87 | ¥8,603.11 | ¥8,603,105.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,557.08 | ¥266,703.44 |
| High | C$2,589.14 | ¥270,047.30 |
| Low | C$2,557.08 | ¥266,703.44 |
| Close | C$2,565.55 | ¥267,586.87 |