GOLD PRICE IN JAPANESE YEN — SEPTEMBER 4, 2020
💱 XAU/JPY · Friday, September 4, 2020
On Friday, September 4, 2020, the gold spot price was C$2,527.95 per troy ounce in Canadian Dollars, equivalent to ¥263,665.19 JPY per ounce or ¥8,477.03 JPY per gram. Gold rose +0.54% 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 4, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,527.95 | C$81.28 | C$81,275.36 |
| JPY | ¥263,665.19 | ¥8,477.03 | ¥8,477,020.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,533.20 | ¥264,212.76 |
| High | C$2,548.71 | ¥265,830.45 |
| Low | C$2,519.80 | ¥262,815.14 |
| Close | C$2,527.95 | ¥263,665.19 |