GOLD PRICE IN JAPANESE YEN — SEPTEMBER 9, 2020
💱 XAU/JPY · Wednesday, September 9, 2020
On Wednesday, September 9, 2020, the gold spot price was C$2,574.61 per troy ounce in Canadian Dollars, equivalent to ¥268,531.82 JPY per ounce or ¥8,633.49 JPY per gram. Gold rose +1.71% 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 9, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,574.61 | C$82.78 | C$82,775.51 |
| JPY | ¥268,531.82 | ¥8,633.49 | ¥8,633,486.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,551.04 | ¥266,073.47 |
| High | C$2,576.59 | ¥268,738.34 |
| Low | C$2,548.00 | ¥265,756.40 |
| Close | C$2,574.61 | ¥268,531.82 |