GOLD PRICE IN JAPANESE YEN — OCTOBER 6, 2022
💱 XAU/JPY · Thursday, October 6, 2022
On Thursday, October 6, 2022, the gold spot price was C$2,327.54 per troy ounce in Canadian Dollars, equivalent to ¥242,762.42 JPY per ounce or ¥7,804.99 JPY per gram. Gold rose +0.70% 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 6, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,327.54 | C$74.83 | C$74,832.04 |
| JPY | ¥242,762.42 | ¥7,804.99 | ¥7,804,981.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,340.18 | ¥244,080.77 |
| High | C$2,343.31 | ¥244,407.23 |
| Low | C$2,324.00 | ¥242,393.20 |
| Close | C$2,327.54 | ¥242,762.42 |