GOLD PRICE IN JAPANESE YEN — OCTOBER 13, 2020
💱 XAU/JPY · Tuesday, October 13, 2020
On Tuesday, October 13, 2020, the gold spot price was C$2,476.30 per troy ounce in Canadian Dollars, equivalent to ¥258,278.09 JPY per ounce or ¥8,303.83 JPY per gram. Gold fell -1.90% 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 13, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,476.30 | C$79.61 | C$79,614.78 |
| JPY | ¥258,278.09 | ¥8,303.83 | ¥8,303,821.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,520.09 | ¥262,845.39 |
| High | C$2,520.48 | ¥262,886.06 |
| Low | C$2,474.33 | ¥258,072.62 |
| Close | C$2,476.30 | ¥258,278.09 |