GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2018
💱 XAU/JPY · Tuesday, November 6, 2018
On Tuesday, November 6, 2018, the gold spot price was C$1,604.30 per troy ounce in Canadian Dollars, equivalent to ¥167,328.49 JPY per ounce or ¥5,379.73 JPY per gram. Gold fell -0.42% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,604.30 | C$51.58 | C$51,579.37 |
| JPY | ¥167,328.49 | ¥5,379.73 | ¥5,379,728.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,613.35 | ¥168,272.41 |
| High | C$1,617.41 | ¥168,695.86 |
| Low | C$1,604.30 | ¥167,328.49 |
| Close | C$1,604.30 | ¥167,328.49 |