GOLD PRICE IN JAPANESE YEN — OCTOBER 28, 2022
💱 XAU/JPY · Friday, October 28, 2022
On Friday, October 28, 2022, the gold spot price was C$2,224.04 per troy ounce in Canadian Dollars, equivalent to ¥231,967.37 JPY per ounce or ¥7,457.92 JPY per gram. Gold fell -1.18% 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 28, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,224.04 | C$71.50 | C$71,504.44 |
| JPY | ¥231,967.37 | ¥7,457.92 | ¥7,457,913.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,253.06 | ¥234,994.16 |
| High | C$2,253.06 | ¥234,994.16 |
| Low | C$2,222.81 | ¥231,839.08 |
| Close | C$2,224.04 | ¥231,967.37 |