GOLD PRICE IN JAPANESE YEN — NOVEMBER 3, 2016
💱 XAU/JPY · Thursday, November 3, 2016
On Thursday, November 3, 2016, the gold spot price was C$1,744.03 per troy ounce in Canadian Dollars, equivalent to ¥181,902.33 JPY per ounce or ¥5,848.29 JPY per gram. Gold fell -0.34% 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 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,744.03 | C$56.07 | C$56,071.79 |
| JPY | ¥181,902.33 | ¥5,848.29 | ¥5,848,287.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,736.40 | ¥181,106.52 |
| High | C$1,745.37 | ¥182,042.09 |
| Low | C$1,724.21 | ¥179,835.10 |
| Close | C$1,744.03 | ¥181,902.33 |