GOLD PRICE IN JAPANESE YEN — SEPTEMBER 29, 2020
💱 XAU/JPY · Tuesday, September 29, 2020
On Tuesday, September 29, 2020, the gold spot price was C$2,530.18 per troy ounce in Canadian Dollars, equivalent to ¥263,897.77 JPY per ounce or ¥8,484.50 JPY per gram. Gold rose +0.98% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,530.18 | C$81.35 | C$81,347.06 |
| JPY | ¥263,897.77 | ¥8,484.50 | ¥8,484,498.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,506.40 | ¥261,417.52 |
| High | C$2,531.65 | ¥264,051.10 |
| Low | C$2,500.93 | ¥260,847.00 |
| Close | C$2,530.18 | ¥263,897.77 |