GOLD PRICE IN JAPANESE YEN — OCTOBER 12, 2018
💱 XAU/JPY · Friday, October 12, 2018
On Friday, October 12, 2018, the gold spot price was C$1,587.33 per troy ounce in Canadian Dollars, equivalent to ¥165,558.52 JPY per ounce or ¥5,322.83 JPY per gram. Gold fell -0.59% 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 12, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.33 | C$51.03 | C$51,033.77 |
| JPY | ¥165,558.52 | ¥5,322.83 | ¥5,322,822.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,591.89 | ¥166,034.13 |
| High | C$1,591.89 | ¥166,034.13 |
| Low | C$1,584.59 | ¥165,272.74 |
| Close | C$1,587.33 | ¥165,558.52 |