GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2017
💱 XAU/JPY · Wednesday, November 1, 2017
On Wednesday, November 1, 2017, the gold spot price was C$1,642.47 per troy ounce in Canadian Dollars, equivalent to ¥171,309.62 JPY per ounce or ¥5,507.73 JPY per gram. Gold rose +1.09% 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 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,642.47 | C$52.81 | C$52,806.56 |
| JPY | ¥171,309.62 | ¥5,507.73 | ¥5,507,724.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,640.02 | ¥171,054.09 |
| High | C$1,643.37 | ¥171,403.49 |
| Low | C$1,637.57 | ¥170,798.55 |
| Close | C$1,642.47 | ¥171,309.62 |