GOLD PRICE IN JAPANESE YEN — NOVEMBER 20, 2006
💱 XAU/JPY · Monday, November 20, 2006
On Monday, November 20, 2006, the gold spot price was C$711.96 per troy ounce in Canadian Dollars, equivalent to ¥74,257.43 JPY per ounce or ¥2,387.43 JPY per gram. Gold fell -0.02% 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 20, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$711.96 | C$22.89 | C$22,890.01 |
| JPY | ¥74,257.43 | ¥2,387.43 | ¥2,387,428.29 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$712.30 | ¥74,292.89 |
| High | C$712.30 | ¥74,292.89 |
| Low | C$712.30 | ¥74,292.89 |
| Close | C$711.96 | ¥74,257.43 |