GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2018
💱 XAU/JPY · Thursday, November 1, 2018
On Thursday, November 1, 2018, the gold spot price was C$1,626.27 per troy ounce in Canadian Dollars, equivalent to ¥169,619.96 JPY per ounce or ¥5,453.40 JPY per gram. Gold rose +2.29% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,626.27 | C$52.29 | C$52,285.72 |
| JPY | ¥169,619.96 | ¥5,453.40 | ¥5,453,400.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.16 | ¥166,792.39 |
| High | C$1,626.27 | ¥169,619.96 |
| Low | C$1,599.16 | ¥166,792.39 |
| Close | C$1,626.27 | ¥169,619.96 |