GOLD PRICE IN JAPANESE YEN — SEPTEMBER 23, 2020
💱 XAU/JPY · Wednesday, September 23, 2020
On Wednesday, September 23, 2020, the gold spot price was C$2,473.11 per troy ounce in Canadian Dollars, equivalent to ¥257,945.37 JPY per ounce or ¥8,293.13 JPY per gram. Gold fell -2.06% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,473.11 | C$79.51 | C$79,512.22 |
| JPY | ¥257,945.37 | ¥8,293.13 | ¥8,293,124.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,493.85 | ¥260,108.56 |
| High | C$2,493.85 | ¥260,108.56 |
| Low | C$2,473.11 | ¥257,945.37 |
| Close | C$2,473.11 | ¥257,945.37 |