GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2019
💱 XAU/JPY · Thursday, November 7, 2019
On Thursday, November 7, 2019, the gold spot price was C$1,930.64 per troy ounce in Canadian Dollars, equivalent to ¥201,365.75 JPY per ounce or ¥6,474.05 JPY per gram. Gold fell -1.49% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,930.64 | C$62.07 | C$62,071.43 |
| JPY | ¥201,365.75 | ¥6,474.05 | ¥6,474,049.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,963.47 | ¥204,789.92 |
| High | C$1,963.47 | ¥204,789.92 |
| Low | C$1,930.64 | ¥201,365.75 |
| Close | C$1,930.64 | ¥201,365.75 |