GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2005
💱 XAU/JPY · Wednesday, November 16, 2005
On Wednesday, November 16, 2005, the gold spot price was C$570.56 per troy ounce in Canadian Dollars, equivalent to ¥59,509.41 JPY per ounce or ¥1,913.27 JPY per gram. Gold rose +2.20% 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 — NOVEMBER 16, 2005
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$570.56 | C$18.34 | C$18,343.90 |
| JPY | ¥59,509.41 | ¥1,913.27 | ¥1,913,269.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$570.56 | ¥59,509.41 |
| High | C$570.56 | ¥59,509.41 |
| Low | C$570.56 | ¥59,509.41 |
| Close | C$570.56 | ¥59,509.41 |