GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2019
💱 XAU/JPY · Thursday, October 17, 2019
On Thursday, October 17, 2019, the gold spot price was C$1,969.84 per troy ounce in Canadian Dollars, equivalent to ¥205,454.31 JPY per ounce or ¥6,605.50 JPY per gram. Gold rose +0.27% 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 17, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,969.84 | C$63.33 | C$63,331.73 |
| JPY | ¥205,454.31 | ¥6,605.50 | ¥6,605,499.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,961.78 | ¥204,613.65 |
| High | C$1,971.02 | ¥205,577.39 |
| Low | C$1,961.26 | ¥204,559.42 |
| Close | C$1,969.84 | ¥205,454.31 |