GOLD PRICE IN JAPANESE YEN — NOVEMBER 3, 2020
💱 XAU/JPY · Tuesday, November 3, 2020
On Tuesday, November 3, 2020, the gold spot price was C$2,523.13 per troy ounce in Canadian Dollars, equivalent to ¥263,162.46 JPY per ounce or ¥8,460.86 JPY per gram. Gold fell -0.16% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,523.13 | C$81.12 | C$81,120.40 |
| JPY | ¥263,162.46 | ¥8,460.86 | ¥8,460,857.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,500.66 | ¥260,818.84 |
| High | C$2,523.13 | ¥263,162.46 |
| Low | C$2,500.66 | ¥260,818.84 |
| Close | C$2,523.13 | ¥263,162.46 |