GOLD PRICE IN JAPANESE YEN — OCTOBER 1, 2019
💱 XAU/JPY · Tuesday, October 1, 2019
On Tuesday, October 1, 2019, the gold spot price was C$1,962.46 per troy ounce in Canadian Dollars, equivalent to ¥204,684.58 JPY per ounce or ¥6,580.76 JPY per gram. Gold rose +1.17% 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 1, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,962.46 | C$63.09 | C$63,094.46 |
| JPY | ¥204,684.58 | ¥6,580.76 | ¥6,580,752.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,944.85 | ¥202,847.85 |
| High | C$1,967.10 | ¥205,168.53 |
| Low | C$1,931.08 | ¥201,411.64 |
| Close | C$1,962.46 | ¥204,684.58 |