GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2006
💱 XAU/JPY · Wednesday, November 1, 2006
On Wednesday, November 1, 2006, the gold spot price was C$698.24 per troy ounce in Canadian Dollars, equivalent to ¥72,826.43 JPY per ounce or ¥2,341.42 JPY per gram. Gold rose +3.04% 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 1, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$698.24 | C$22.45 | C$22,448.90 |
| JPY | ¥72,826.43 | ¥2,341.42 | ¥2,341,420.77 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$693.60 | ¥72,342.48 |
| High | C$693.60 | ¥72,342.48 |
| Low | C$693.60 | ¥72,342.48 |
| Close | C$698.24 | ¥72,826.43 |