GOLD PRICE IN JAPANESE YEN — SEPTEMBER 2, 2020
💱 XAU/JPY · Wednesday, September 2, 2020
On Wednesday, September 2, 2020, the gold spot price was C$2,524.97 per troy ounce in Canadian Dollars, equivalent to ¥263,354.37 JPY per ounce or ¥8,467.03 JPY per gram. Gold fell -1.58% 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 2, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,524.97 | C$81.18 | C$81,179.55 |
| JPY | ¥263,354.37 | ¥8,467.03 | ¥8,467,027.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,567.92 | ¥267,834.06 |
| High | C$2,567.92 | ¥267,834.06 |
| Low | C$2,524.97 | ¥263,354.37 |
| Close | C$2,524.97 | ¥263,354.37 |