GOLD PRICE IN JAPANESE YEN — OCTOBER 26, 2020
💱 XAU/JPY · Monday, October 26, 2020
On Monday, October 26, 2020, the gold spot price was C$2,501.52 per troy ounce in Canadian Dollars, equivalent to ¥260,908.54 JPY per ounce or ¥8,388.40 JPY per gram. Gold rose +0.12% 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 26, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,501.52 | C$80.43 | C$80,425.62 |
| JPY | ¥260,908.54 | ¥8,388.40 | ¥8,388,392.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,492.05 | ¥259,920.82 |
| High | C$2,507.17 | ¥261,497.83 |
| Low | C$2,489.42 | ¥259,646.51 |
| Close | C$2,501.52 | ¥260,908.54 |