GOLD PRICE IN JAPANESE YEN — OCTOBER 12, 2020
💱 XAU/JPY · Monday, October 12, 2020
On Monday, October 12, 2020, the gold spot price was C$2,524.24 per troy ounce in Canadian Dollars, equivalent to ¥263,278.23 JPY per ounce or ¥8,464.59 JPY per gram. Gold fell -0.32% 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 12, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,524.24 | C$81.16 | C$81,156.08 |
| JPY | ¥263,278.23 | ¥8,464.59 | ¥8,464,579.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,526.21 | ¥263,483.70 |
| High | C$2,529.49 | ¥263,825.81 |
| Low | C$2,523.06 | ¥263,155.16 |
| Close | C$2,524.24 | ¥263,278.23 |