GOLD PRICE IN JAPANESE YEN — NOVEMBER 10, 2020
💱 XAU/JPY · Tuesday, November 10, 2020
On Tuesday, November 10, 2020, the gold spot price was C$2,439.35 per troy ounce in Canadian Dollars, equivalent to ¥254,424.21 JPY per ounce or ¥8,179.92 JPY per gram. Gold rose +1.08% 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 10, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,439.35 | C$78.43 | C$78,426.81 |
| JPY | ¥254,424.21 | ¥8,179.92 | ¥8,179,916.29 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,444.42 | ¥254,953.01 |
| High | C$2,452.23 | ¥255,767.59 |
| Low | C$2,433.89 | ¥253,854.73 |
| Close | C$2,439.35 | ¥254,424.21 |