GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2022
💱 XAU/JPY · Monday, October 17, 2022
On Monday, October 17, 2022, the gold spot price was C$2,295.77 per troy ounce in Canadian Dollars, equivalent to ¥239,448.81 JPY per ounce or ¥7,698.45 JPY per gram. Gold rose +1.63% 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 17, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,295.77 | C$73.81 | C$73,810.61 |
| JPY | ¥239,448.81 | ¥7,698.45 | ¥7,698,446.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,286.35 | ¥238,466.31 |
| High | C$2,295.77 | ¥239,448.81 |
| Low | C$2,281.64 | ¥237,975.05 |
| Close | C$2,295.77 | ¥239,448.81 |