GOLD PRICE IN JAPANESE YEN — OCTOBER 29, 2020
💱 XAU/JPY · Thursday, October 29, 2020
On Thursday, October 29, 2020, the gold spot price was C$2,483.21 per troy ounce in Canadian Dollars, equivalent to ¥258,998.80 JPY per ounce or ¥8,327.00 JPY per gram. Gold rose +0.33% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,483.21 | C$79.84 | C$79,836.94 |
| JPY | ¥258,998.80 | ¥8,327.00 | ¥8,326,992.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,497.18 | ¥260,455.87 |
| High | C$2,502.11 | ¥260,970.07 |
| Low | C$2,474.16 | ¥258,054.89 |
| Close | C$2,483.21 | ¥258,998.80 |