GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2018
💱 XAU/JPY · Wednesday, October 17, 2018
On Wednesday, October 17, 2018, the gold spot price was C$1,582.93 per troy ounce in Canadian Dollars, equivalent to ¥165,099.60 JPY per ounce or ¥5,308.07 JPY per gram. Gold fell -0.74% 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 17, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,582.93 | C$50.89 | C$50,892.31 |
| JPY | ¥165,099.60 | ¥5,308.07 | ¥5,308,067.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,585.78 | ¥165,396.85 |
| High | C$1,585.78 | ¥165,396.85 |
| Low | C$1,582.93 | ¥165,099.60 |
| Close | C$1,582.93 | ¥165,099.60 |