GOLD PRICE IN JAPANESE YEN — OCTOBER 2, 2020
💱 XAU/JPY · Friday, October 2, 2020
On Friday, October 2, 2020, the gold spot price was C$2,524.23 per troy ounce in Canadian Dollars, equivalent to ¥263,277.19 JPY per ounce or ¥8,464.55 JPY per gram. Gold fell -0.59% 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 2, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,524.23 | C$81.16 | C$81,155.76 |
| JPY | ¥263,277.19 | ¥8,464.55 | ¥8,464,545.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,515.86 | ¥262,404.20 |
| High | C$2,541.23 | ¥265,050.29 |
| Low | C$2,515.86 | ¥262,404.20 |
| Close | C$2,524.23 | ¥263,277.19 |