GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2021
💱 XAU/JPY · Friday, October 8, 2021
On Friday, October 8, 2021, the gold spot price was C$2,203.63 per troy ounce in Canadian Dollars, equivalent to ¥229,838.61 JPY per ounce or ¥7,389.48 JPY per gram. Gold fell -0.40% 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 8, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,203.63 | C$70.85 | C$70,848.25 |
| JPY | ¥229,838.61 | ¥7,389.48 | ¥7,389,472.17 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,204.51 | ¥229,930.39 |
| High | C$2,233.37 | ¥232,940.49 |
| Low | C$2,200.99 | ¥229,563.26 |
| Close | C$2,203.63 | ¥229,838.61 |