GOLD PRICE IN JAPANESE YEN — SEPTEMBER 8, 2020
💱 XAU/JPY · Tuesday, September 8, 2020
On Tuesday, September 8, 2020, the gold spot price was C$2,531.42 per troy ounce in Canadian Dollars, equivalent to ¥264,027.11 JPY per ounce or ¥8,488.66 JPY per gram. Gold rose +0.14% 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 8, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,531.42 | C$81.39 | C$81,386.92 |
| JPY | ¥264,027.11 | ¥8,488.66 | ¥8,488,656.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,528.67 | ¥263,740.28 |
| High | C$2,537.84 | ¥264,696.71 |
| Low | C$2,492.26 | ¥259,942.72 |
| Close | C$2,531.42 | ¥264,027.11 |