GOLD PRICE IN JAPANESE YEN — SEPTEMBER 3, 2020
💱 XAU/JPY · Thursday, September 3, 2020
On Thursday, September 3, 2020, the gold spot price was C$2,514.48 per troy ounce in Canadian Dollars, equivalent to ¥262,260.26 JPY per ounce or ¥8,431.86 JPY per gram. Gold fell -0.42% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,514.48 | C$80.84 | C$80,842.29 |
| JPY | ¥262,260.26 | ¥8,431.86 | ¥8,431,851.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,526.87 | ¥263,552.54 |
| High | C$2,529.09 | ¥263,784.09 |
| Low | C$2,508.48 | ¥261,634.46 |
| Close | C$2,514.48 | ¥262,260.26 |