GOLD PRICE IN JAPANESE YEN — OCTOBER 18, 2006
💱 XAU/JPY · Wednesday, October 18, 2006
On Wednesday, October 18, 2006, the gold spot price was C$668.64 per troy ounce in Canadian Dollars, equivalent to ¥69,739.15 JPY per ounce or ¥2,242.16 JPY per gram. Gold fell -0.55% 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 18, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$668.64 | C$21.50 | C$21,497.24 |
| JPY | ¥69,739.15 | ¥2,242.16 | ¥2,242,162.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$672.72 | ¥70,164.70 |
| High | C$674.43 | ¥70,343.05 |
| Low | C$671.59 | ¥70,046.84 |
| Close | C$668.64 | ¥69,739.15 |