GOLD PRICE IN JAPANESE YEN — OCTOBER 15, 2020
💱 XAU/JPY · Thursday, October 15, 2020
On Thursday, October 15, 2020, the gold spot price was C$2,502.44 per troy ounce in Canadian Dollars, equivalent to ¥261,004.49 JPY per ounce or ¥8,391.48 JPY per gram. Gold rose +0.15% 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 15, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,502.44 | C$80.46 | C$80,455.20 |
| JPY | ¥261,004.49 | ¥8,391.48 | ¥8,391,477.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,494.68 | ¥260,195.12 |
| High | C$2,506.52 | ¥261,430.04 |
| Low | C$2,484.56 | ¥259,139.61 |
| Close | C$2,502.44 | ¥261,004.49 |