GOLD PRICE IN JAPANESE YEN — OCTOBER 11, 2018
💱 XAU/JPY · Thursday, October 11, 2018
On Thursday, October 11, 2018, the gold spot price was C$1,596.78 per troy ounce in Canadian Dollars, equivalent to ¥166,544.15 JPY per ounce or ¥5,354.51 JPY per gram. Gold rose +3.77% 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 11, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,596.78 | C$51.34 | C$51,337.59 |
| JPY | ¥166,544.15 | ¥5,354.51 | ¥5,354,511.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,563.63 | ¥163,086.61 |
| High | C$1,598.21 | ¥166,693.30 |
| Low | C$1,561.28 | ¥162,841.50 |
| Close | C$1,596.78 | ¥166,544.15 |