GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2010
💱 XAU/JPY · Monday, November 8, 2010
On Monday, November 8, 2010, the gold spot price was C$1,402.52 per troy ounce in Canadian Dollars, equivalent to ¥146,282.84 JPY per ounce or ¥4,703.10 JPY per gram. Gold rose +0.13% 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 8, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,402.52 | C$45.09 | C$45,092.00 |
| JPY | ¥146,282.84 | ¥4,703.10 | ¥4,703,095.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,390.22 | ¥144,999.95 |
| High | C$1,408.92 | ¥146,950.36 |
| Low | C$1,386.82 | ¥144,645.33 |
| Close | C$1,402.52 | ¥146,282.84 |