GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2019
💱 XAU/JPY · Thursday, October 31, 2019
On Thursday, October 31, 2019, the gold spot price was C$1,989.82 per troy ounce in Canadian Dollars, equivalent to ¥207,538.23 JPY per ounce or ¥6,672.50 JPY per gram. Gold rose +1.81% 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 31, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,989.82 | C$63.97 | C$63,974.11 |
| JPY | ¥207,538.23 | ¥6,672.50 | ¥6,672,499.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,969.68 | ¥205,437.62 |
| High | C$1,992.06 | ¥207,771.86 |
| Low | C$1,969.68 | ¥205,437.62 |
| Close | C$1,989.82 | ¥207,538.23 |