GOLD PRICE IN JAPANESE YEN — NOVEMBER 10, 2016
💱 XAU/JPY · Thursday, November 10, 2016
On Thursday, November 10, 2016, the gold spot price was C$1,697.34 per troy ounce in Canadian Dollars, equivalent to ¥177,032.56 JPY per ounce or ¥5,691.72 JPY per gram. Gold rose +0.32% 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 10, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,697.34 | C$54.57 | C$54,570.67 |
| JPY | ¥177,032.56 | ¥5,691.72 | ¥5,691,720.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.28 | ¥178,277.90 |
| High | C$1,726.85 | ¥180,110.46 |
| Low | C$1,680.98 | ¥175,326.21 |
| Close | C$1,697.34 | ¥177,032.56 |