GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2019
💱 XAU/JPY · Friday, November 8, 2019
On Friday, November 8, 2019, the gold spot price was C$1,932.88 per troy ounce in Canadian Dollars, equivalent to ¥201,599.38 JPY per ounce or ¥6,481.57 JPY per gram. Gold rose +0.12% 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 8, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,932.88 | C$62.14 | C$62,143.45 |
| JPY | ¥201,599.38 | ¥6,481.57 | ¥6,481,561.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,943.19 | ¥202,674.72 |
| High | C$1,943.19 | ¥202,674.72 |
| Low | C$1,932.88 | ¥201,599.38 |
| Close | C$1,932.88 | ¥201,599.38 |