GOLD PRICE IN JAPANESE YEN — SEPTEMBER 24, 2020
💱 XAU/JPY · Thursday, September 24, 2020
On Thursday, September 24, 2020, the gold spot price was C$2,500.44 per troy ounce in Canadian Dollars, equivalent to ¥260,795.89 JPY per ounce or ¥8,384.78 JPY per gram. Gold rose +1.11% 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 24, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,500.44 | C$80.39 | C$80,390.90 |
| JPY | ¥260,795.89 | ¥8,384.78 | ¥8,384,770.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,477.96 | ¥258,451.23 |
| High | C$2,500.44 | ¥260,795.89 |
| Low | C$2,477.96 | ¥258,451.23 |
| Close | C$2,500.44 | ¥260,795.89 |