GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2010
💱 XAU/JPY · Friday, October 8, 2010
On Friday, October 8, 2010, the gold spot price was C$1,368.13 per troy ounce in Canadian Dollars, equivalent to ¥142,695.96 JPY per ounce or ¥4,587.78 JPY per gram. Gold rose +1.44% 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 8, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,368.13 | C$43.99 | C$43,986.34 |
| JPY | ¥142,695.96 | ¥4,587.78 | ¥4,587,774.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,357.24 | ¥141,560.13 |
| High | C$1,372.40 | ¥143,141.32 |
| Low | C$1,348.58 | ¥140,656.89 |
| Close | C$1,368.13 | ¥142,695.96 |