GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2017
💱 XAU/JPY · Wednesday, November 8, 2017
On Wednesday, November 8, 2017, the gold spot price was C$1,635.50 per troy ounce in Canadian Dollars, equivalent to ¥170,582.65 JPY per ounce or ¥5,484.36 JPY per gram. Gold rose +1.00% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,635.50 | C$52.58 | C$52,582.47 |
| JPY | ¥170,582.65 | ¥5,484.36 | ¥5,484,351.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,628.23 | ¥169,824.39 |
| High | C$1,639.71 | ¥171,021.75 |
| Low | C$1,626.70 | ¥169,664.81 |
| Close | C$1,635.50 | ¥170,582.65 |