GOLD PRICE IN JAPANESE YEN — OCTOBER 22, 2020
💱 XAU/JPY · Thursday, October 22, 2020
On Thursday, October 22, 2020, the gold spot price was C$2,500.55 per troy ounce in Canadian Dollars, equivalent to ¥260,807.37 JPY per ounce or ¥8,385.15 JPY per gram. Gold fell -0.97% 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 22, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,500.55 | C$80.39 | C$80,394.43 |
| JPY | ¥260,807.37 | ¥8,385.15 | ¥8,385,139.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,531.07 | ¥263,990.60 |
| High | C$2,531.07 | ¥263,990.60 |
| Low | C$2,496.74 | ¥260,409.98 |
| Close | C$2,500.55 | ¥260,807.37 |