GOLD PRICE IN JAPANESE YEN — NOVEMBER 11, 2020
💱 XAU/JPY · Wednesday, November 11, 2020
On Wednesday, November 11, 2020, the gold spot price was C$2,424.68 per troy ounce in Canadian Dollars, equivalent to ¥252,894.12 JPY per ounce or ¥8,130.73 JPY per gram. Gold fell -0.60% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,424.68 | C$77.96 | C$77,955.16 |
| JPY | ¥252,894.12 | ¥8,130.73 | ¥8,130,723.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,448.26 | ¥255,353.52 |
| High | C$2,448.26 | ¥255,353.52 |
| Low | C$2,417.90 | ¥252,186.97 |
| Close | C$2,424.68 | ¥252,894.12 |