GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2019
💱 XAU/JPY · Wednesday, November 6, 2019
On Wednesday, November 6, 2019, the gold spot price was C$1,959.76 per troy ounce in Canadian Dollars, equivalent to ¥204,402.97 JPY per ounce or ¥6,571.70 JPY per gram. Gold rose +0.63% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,959.76 | C$63.01 | C$63,007.66 |
| JPY | ¥204,402.97 | ¥6,571.70 | ¥6,571,698.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,950.56 | ¥203,443.41 |
| High | C$1,960.81 | ¥204,512.48 |
| Low | C$1,950.56 | ¥203,443.41 |
| Close | C$1,959.76 | ¥204,402.97 |