GOLD PRICE IN JAPANESE YEN — SEPTEMBER 17, 2020
💱 XAU/JPY · Thursday, September 17, 2020
On Thursday, September 17, 2020, the gold spot price was C$2,557.21 per troy ounce in Canadian Dollars, equivalent to ¥266,717.00 JPY per ounce or ¥8,575.14 JPY per gram. Gold fell -1.12% 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 17, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,557.21 | C$82.22 | C$82,216.09 |
| JPY | ¥266,717.00 | ¥8,575.14 | ¥8,575,138.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,555.89 | ¥266,579.33 |
| High | C$2,565.12 | ¥267,542.02 |
| Low | C$2,548.91 | ¥265,851.31 |
| Close | C$2,557.21 | ¥266,717.00 |