GOLD PRICE IN JAPANESE YEN — OCTOBER 7, 2022
💱 XAU/JPY · Friday, October 7, 2022
On Friday, October 7, 2022, the gold spot price was C$2,336.66 per troy ounce in Canadian Dollars, equivalent to ¥243,713.64 JPY per ounce or ¥7,835.57 JPY per gram. Gold rose +0.39% 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 7, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,336.66 | C$75.13 | C$75,125.25 |
| JPY | ¥243,713.64 | ¥7,835.57 | ¥7,835,564.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,349.85 | ¥245,089.35 |
| High | C$2,349.85 | ¥245,089.35 |
| Low | C$2,327.31 | ¥242,738.43 |
| Close | C$2,336.66 | ¥243,713.64 |