GOLD PRICE IN JAPANESE YEN — JULY 20, 2023
💱 XAU/JPY · Thursday, July 20, 2023
On Thursday, July 20, 2023, the gold spot price was C$2,590.87 per troy ounce in Canadian Dollars, equivalent to ¥270,227.74 JPY per ounce or ¥8,688.02 JPY per gram. Gold fell -0.49% 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 — JULY 20, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,590.87 | C$83.30 | C$83,298.28 |
| JPY | ¥270,227.74 | ¥8,688.02 | ¥8,688,011.03 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,597.98 | ¥270,969.31 |
| High | C$2,597.98 | ¥270,969.31 |
| Low | C$2,587.32 | ¥269,857.48 |
| Close | C$2,590.87 | ¥270,227.74 |