GOLD PRICE IN JAPANESE YEN — OCTOBER 20, 2006
💱 XAU/JPY · Friday, October 20, 2006
On Friday, October 20, 2006, the gold spot price was C$667.07 per troy ounce in Canadian Dollars, equivalent to ¥69,575.40 JPY per ounce or ¥2,236.90 JPY per gram. Gold fell -1.29% 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, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$667.07 | C$21.45 | C$21,446.77 |
| JPY | ¥69,575.40 | ¥2,236.90 | ¥2,236,897.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$672.13 | ¥70,103.16 |
| High | C$672.13 | ¥70,103.16 |
| Low | C$671.57 | ¥70,044.75 |
| Close | C$667.07 | ¥69,575.40 |