GOLD PRICE IN JAPANESE YEN — OCTOBER 21, 2020
💱 XAU/JPY · Wednesday, October 21, 2020
On Wednesday, October 21, 2020, the gold spot price was C$2,525.17 per troy ounce in Canadian Dollars, equivalent to ¥263,375.23 JPY per ounce or ¥8,467.70 JPY per gram. Gold rose +0.21% 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 21, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,525.17 | C$81.19 | C$81,185.98 |
| JPY | ¥263,375.23 | ¥8,467.70 | ¥8,467,698.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,510.74 | ¥261,870.18 |
| High | C$2,528.71 | ¥263,744.45 |
| Low | C$2,510.74 | ¥261,870.18 |
| Close | C$2,525.17 | ¥263,375.23 |