GOLD PRICE IN JAPANESE YEN — OCTOBER 4, 2018
💱 XAU/JPY · Thursday, October 4, 2018
On Thursday, October 4, 2018, the gold spot price was C$1,541.75 per troy ounce in Canadian Dollars, equivalent to ¥160,804.53 JPY per ounce or ¥5,169.98 JPY per gram. Gold rose +0.37% 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 4, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,541.75 | C$49.57 | C$49,568.34 |
| JPY | ¥160,804.53 | ¥5,169.98 | ¥5,169,978.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,544.46 | ¥161,087.18 |
| High | C$1,551.28 | ¥161,798.50 |
| Low | C$1,541.75 | ¥160,804.53 |
| Close | C$1,541.75 | ¥160,804.53 |