GOLD PRICE IN JAPANESE YEN — SEPTEMBER 16, 2020
💱 XAU/JPY · Wednesday, September 16, 2020
On Wednesday, September 16, 2020, the gold spot price was C$2,586.05 per troy ounce in Canadian Dollars, equivalent to ¥269,725.02 JPY per ounce or ¥8,671.85 JPY per gram. Gold rose +0.32% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,586.05 | C$83.14 | C$83,143.32 |
| JPY | ¥269,725.02 | ¥8,671.85 | ¥8,671,848.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,587.50 | ¥269,876.25 |
| High | C$2,587.64 | ¥269,890.85 |
| Low | C$2,581.44 | ¥269,244.19 |
| Close | C$2,586.05 | ¥269,725.02 |