GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2018
💱 XAU/JPY · Friday, November 9, 2018
On Friday, November 9, 2018, the gold spot price was C$1,585.55 per troy ounce in Canadian Dollars, equivalent to ¥165,372.87 JPY per ounce or ¥5,316.86 JPY per gram. Gold fell -1.15% 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 9, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,585.55 | C$50.98 | C$50,976.54 |
| JPY | ¥165,372.87 | ¥5,316.86 | ¥5,316,853.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,587.52 | ¥165,578.34 |
| High | C$1,587.52 | ¥165,578.34 |
| Low | C$1,585.55 | ¥165,372.87 |
| Close | C$1,585.55 | ¥165,372.87 |