GOLD PRICE IN JAPANESE YEN — OCTOBER 27, 2020
💱 XAU/JPY · Tuesday, October 27, 2020
On Tuesday, October 27, 2020, the gold spot price was C$2,520.78 per troy ounce in Canadian Dollars, equivalent to ¥262,917.35 JPY per ounce or ¥8,452.98 JPY per gram. Gold rose +0.77% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,520.78 | C$81.04 | C$81,044.84 |
| JPY | ¥262,917.35 | ¥8,452.98 | ¥8,452,976.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,515.23 | ¥262,338.49 |
| High | C$2,520.78 | ¥262,917.35 |
| Low | C$2,514.97 | ¥262,311.37 |
| Close | C$2,520.78 | ¥262,917.35 |