GOLD PRICE IN JAPANESE YEN — NOVEMBER 4, 2016
💱 XAU/JPY · Friday, November 4, 2016
On Friday, November 4, 2016, the gold spot price was C$1,745.39 per troy ounce in Canadian Dollars, equivalent to ¥182,044.18 JPY per ounce or ¥5,852.85 JPY per gram. Gold rose +0.08% 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 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,745.39 | C$56.12 | C$56,115.51 |
| JPY | ¥182,044.18 | ¥5,852.85 | ¥5,852,847.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,740.97 | ¥181,583.17 |
| High | C$1,745.39 | ¥182,044.18 |
| Low | C$1,736.55 | ¥181,122.16 |
| Close | C$1,745.39 | ¥182,044.18 |