GOLD PRICE IN JAPANESE YEN — OCTOBER 1, 2020
💱 XAU/JPY · Thursday, October 1, 2020
On Thursday, October 1, 2020, the gold spot price was C$2,539.18 per troy ounce in Canadian Dollars, equivalent to ¥264,836.47 JPY per ounce or ¥8,514.68 JPY per gram. Gold rose +0.51% 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 1, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,539.18 | C$81.64 | C$81,636.41 |
| JPY | ¥264,836.47 | ¥8,514.68 | ¥8,514,678.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,506.85 | ¥261,464.46 |
| High | C$2,540.78 | ¥265,003.35 |
| Low | C$2,504.72 | ¥261,242.30 |
| Close | C$2,539.18 | ¥264,836.47 |