GOLD PRICE IN JAPANESE YEN — OCTOBER 7, 2019
💱 XAU/JPY · Monday, October 7, 2019
On Monday, October 7, 2019, the gold spot price was C$1,992.88 per troy ounce in Canadian Dollars, equivalent to ¥207,857.38 JPY per ounce or ¥6,682.77 JPY per gram. Gold fell -0.79% 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 7, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,992.88 | C$64.07 | C$64,072.49 |
| JPY | ¥207,857.38 | ¥6,682.77 | ¥6,682,760.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,002.33 | ¥208,843.02 |
| High | C$2,003.66 | ¥208,981.74 |
| Low | C$1,981.44 | ¥206,664.19 |
| Close | C$1,992.88 | ¥207,857.38 |