GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2018
💱 XAU/JPY · Wednesday, November 7, 2018
On Wednesday, November 7, 2018, the gold spot price was C$1,608.32 per troy ounce in Canadian Dollars, equivalent to ¥167,747.78 JPY per ounce or ¥5,393.21 JPY per gram. Gold rose +0.25% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,608.32 | C$51.71 | C$51,708.61 |
| JPY | ¥167,747.78 | ¥5,393.21 | ¥5,393,208.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,611.47 | ¥168,076.32 |
| High | C$1,611.47 | ¥168,076.32 |
| Low | C$1,608.32 | ¥167,747.78 |
| Close | C$1,608.32 | ¥167,747.78 |