GOLD PRICE IN JAPANESE YEN — OCTOBER 19, 2020
💱 XAU/JPY · Monday, October 19, 2020
On Monday, October 19, 2020, the gold spot price was C$2,512.50 per troy ounce in Canadian Dollars, equivalent to ¥262,053.75 JPY per ounce or ¥8,425.22 JPY per gram. Gold fell -0.05% 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 19, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,512.50 | C$80.78 | C$80,778.63 |
| JPY | ¥262,053.75 | ¥8,425.22 | ¥8,425,211.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,513.69 | ¥262,177.87 |
| High | C$2,514.35 | ¥262,246.70 |
| Low | C$2,503.41 | ¥261,105.66 |
| Close | C$2,512.50 | ¥262,053.75 |