GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2018
💱 XAU/JPY · Wednesday, October 31, 2018
On Wednesday, October 31, 2018, the gold spot price was C$1,589.81 per troy ounce in Canadian Dollars, equivalent to ¥165,817.18 JPY per ounce or ¥5,331.14 JPY per gram. Gold fell -0.95% 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 31, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,589.81 | C$51.11 | C$51,113.50 |
| JPY | ¥165,817.18 | ¥5,331.14 | ¥5,331,138.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,594.66 | ¥166,323.04 |
| High | C$1,595.45 | ¥166,405.44 |
| Low | C$1,589.42 | ¥165,776.51 |
| Close | C$1,589.81 | ¥165,817.18 |