GOLD PRICE IN JAPANESE YEN — OCTOBER 28, 2020
💱 XAU/JPY · Wednesday, October 28, 2020
On Wednesday, October 28, 2020, the gold spot price was C$2,475.05 per troy ounce in Canadian Dollars, equivalent to ¥258,147.72 JPY per ounce or ¥8,299.64 JPY per gram. Gold fell -1.81% 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 28, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,475.05 | C$79.57 | C$79,574.59 |
| JPY | ¥258,147.72 | ¥8,299.64 | ¥8,299,629.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,468.05 | ¥257,417.62 |
| High | C$2,475.05 | ¥258,147.72 |
| Low | C$2,468.05 | ¥257,417.62 |
| Close | C$2,475.05 | ¥258,147.72 |