GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2019
💱 XAU/JPY · Tuesday, October 8, 2019
On Tuesday, October 8, 2019, the gold spot price was C$1,991.64 per troy ounce in Canadian Dollars, equivalent to ¥207,728.05 JPY per ounce or ¥6,678.61 JPY per gram. Gold fell -0.06% 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 8, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,991.64 | C$64.03 | C$64,032.62 |
| JPY | ¥207,728.05 | ¥6,678.61 | ¥6,678,602.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,981.26 | ¥206,645.42 |
| High | C$2,003.74 | ¥208,990.08 |
| Low | C$1,981.13 | ¥206,631.86 |
| Close | C$1,991.64 | ¥207,728.05 |