GOLD PRICE IN JAPANESE YEN — OCTOBER 9, 2019
💱 XAU/JPY · Wednesday, October 9, 2019
On Wednesday, October 9, 2019, the gold spot price was C$2,006.34 per troy ounce in Canadian Dollars, equivalent to ¥209,261.26 JPY per ounce or ¥6,727.90 JPY per gram. Gold rose +0.74% 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 9, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,006.34 | C$64.51 | C$64,505.24 |
| JPY | ¥209,261.26 | ¥6,727.90 | ¥6,727,896.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,008.47 | ¥209,483.42 |
| High | C$2,008.47 | ¥209,483.42 |
| Low | C$1,996.08 | ¥208,191.14 |
| Close | C$2,006.34 | ¥209,261.26 |