GOLD PRICE IN JAPANESE YEN — OCTOBER 12, 2022
💱 XAU/JPY · Wednesday, October 12, 2022
On Wednesday, October 12, 2022, the gold spot price was C$2,303.59 per troy ounce in Canadian Dollars, equivalent to ¥240,264.44 JPY per ounce or ¥7,724.68 JPY per gram. Gold fell -0.38% 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 12, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,303.59 | C$74.06 | C$74,062.03 |
| JPY | ¥240,264.44 | ¥7,724.68 | ¥7,724,669.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,300.42 | ¥239,933.81 |
| High | C$2,306.90 | ¥240,609.67 |
| Low | C$2,300.42 | ¥239,933.81 |
| Close | C$2,303.59 | ¥240,264.44 |