GOLD PRICE IN JAPANESE YEN — OCTOBER 20, 2020
💱 XAU/JPY · Tuesday, October 20, 2020
On Tuesday, October 20, 2020, the gold spot price was C$2,519.76 per troy ounce in Canadian Dollars, equivalent to ¥262,810.97 JPY per ounce or ¥8,449.56 JPY per gram. Gold rose +0.29% 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 — OCTOBER 20, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,519.76 | C$81.01 | C$81,012.05 |
| JPY | ¥262,810.97 | ¥8,449.56 | ¥8,449,556.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,507.76 | ¥261,559.37 |
| High | C$2,519.76 | ¥262,810.97 |
| Low | C$2,500.90 | ¥260,843.87 |
| Close | C$2,519.76 | ¥262,810.97 |