GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2018
💱 XAU/JPY · Monday, October 8, 2018
On Monday, October 8, 2018, the gold spot price was C$1,533.56 per troy ounce in Canadian Dollars, equivalent to ¥159,950.31 JPY per ounce or ¥5,142.52 JPY per gram. Gold fell -1.18% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,533.56 | C$49.31 | C$49,305.03 |
| JPY | ¥159,950.31 | ¥5,142.52 | ¥5,142,514.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,555.05 | ¥162,191.72 |
| High | C$1,555.05 | ¥162,191.72 |
| Low | C$1,532.65 | ¥159,855.40 |
| Close | C$1,533.56 | ¥159,950.31 |