GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2017
💱 XAU/JPY · Tuesday, November 7, 2017
On Tuesday, November 7, 2017, the gold spot price was C$1,619.33 per troy ounce in Canadian Dollars, equivalent to ¥168,896.12 JPY per ounce or ¥5,430.13 JPY per gram. Gold fell -0.81% 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 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,619.33 | C$52.06 | C$52,062.59 |
| JPY | ¥168,896.12 | ¥5,430.13 | ¥5,430,128.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,623.27 | ¥169,307.06 |
| High | C$1,623.27 | ¥169,307.06 |
| Low | C$1,615.14 | ¥168,459.10 |
| Close | C$1,619.33 | ¥168,896.12 |