GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2017
💱 XAU/JPY · Monday, November 6, 2017
On Monday, November 6, 2017, the gold spot price was C$1,632.51 per troy ounce in Canadian Dollars, equivalent to ¥170,270.79 JPY per ounce or ¥5,474.33 JPY per gram. Gold rose +0.64% 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 6, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,632.51 | C$52.49 | C$52,486.34 |
| JPY | ¥170,270.79 | ¥5,474.33 | ¥5,474,325.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,619.24 | ¥168,886.73 |
| High | C$1,633.92 | ¥170,417.86 |
| Low | C$1,619.24 | ¥168,886.73 |
| Close | C$1,632.51 | ¥170,270.79 |