GOLD PRICE IN JAPANESE YEN — OCTOBER 2, 2019
💱 XAU/JPY · Wednesday, October 2, 2019
On Wednesday, October 2, 2019, the gold spot price was C$1,983.87 per troy ounce in Canadian Dollars, equivalent to ¥206,917.64 JPY per ounce or ¥6,652.55 JPY per gram. Gold rose +1.09% 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 2, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,983.87 | C$63.78 | C$63,782.81 |
| JPY | ¥206,917.64 | ¥6,652.55 | ¥6,652,547.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,951.62 | ¥203,553.97 |
| High | C$1,987.44 | ¥207,289.99 |
| Low | C$1,948.32 | ¥203,209.78 |
| Close | C$1,983.87 | ¥206,917.64 |