GOLD PRICE IN JAPANESE YEN — OCTOBER 23, 2019
💱 XAU/JPY · Wednesday, October 23, 2019
On Wednesday, October 23, 2019, the gold spot price was C$1,950.88 per troy ounce in Canadian Dollars, equivalent to ¥203,476.78 JPY per ounce or ¥6,541.93 JPY per gram. Gold rose +0.61% 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 23, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,950.88 | C$62.72 | C$62,722.16 |
| JPY | ¥203,476.78 | ¥6,541.93 | ¥6,541,921.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,946.29 | ¥202,998.05 |
| High | C$1,951.40 | ¥203,531.02 |
| Low | C$1,946.29 | ¥202,998.05 |
| Close | C$1,950.88 | ¥203,476.78 |