GOLD PRICE IN JAPANESE YEN — OCTOBER 24, 2018
💱 XAU/JPY · Wednesday, October 24, 2018
On Wednesday, October 24, 2018, the gold spot price was C$1,606.05 per troy ounce in Canadian Dollars, equivalent to ¥167,511.01 JPY per ounce or ¥5,385.60 JPY per gram. Gold fell -0.58% 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 24, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,606.05 | C$51.64 | C$51,635.63 |
| JPY | ¥167,511.01 | ¥5,385.60 | ¥5,385,596.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,611.02 | ¥168,029.39 |
| High | C$1,611.02 | ¥168,029.39 |
| Low | C$1,606.05 | ¥167,511.01 |
| Close | C$1,606.05 | ¥167,511.01 |