GOLD PRICE IN JAPANESE YEN — NOVEMBER 2, 2018
💱 XAU/JPY · Friday, November 2, 2018
On Friday, November 2, 2018, the gold spot price was C$1,611.27 per troy ounce in Canadian Dollars, equivalent to ¥168,055.46 JPY per ounce or ¥5,403.10 JPY per gram. Gold fell -0.92% 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 2, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,611.27 | C$51.80 | C$51,803.46 |
| JPY | ¥168,055.46 | ¥5,403.10 | ¥5,403,100.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,614.41 | ¥168,382.96 |
| High | C$1,614.41 | ¥168,382.96 |
| Low | C$1,611.27 | ¥168,055.46 |
| Close | C$1,611.27 | ¥168,055.46 |