GOLD PRICE IN JAPANESE YEN — OCTOBER 20, 2022
💱 XAU/JPY · Thursday, October 20, 2022
On Thursday, October 20, 2022, the gold spot price was C$2,246.07 per troy ounce in Canadian Dollars, equivalent to ¥234,265.10 JPY per ounce or ¥7,531.79 JPY per gram. Gold rose +0.54% 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 20, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,246.07 | C$72.21 | C$72,212.72 |
| JPY | ¥234,265.10 | ¥7,531.79 | ¥7,531,786.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,235.05 | ¥233,115.72 |
| High | C$2,260.67 | ¥235,787.88 |
| Low | C$2,235.05 | ¥233,115.72 |
| Close | C$2,246.07 | ¥234,265.10 |