GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2021
💱 XAU/JPY · Monday, November 1, 2021
On Monday, November 1, 2021, the gold spot price was C$2,222.85 per troy ounce in Canadian Dollars, equivalent to ¥231,843.25 JPY per ounce or ¥7,453.93 JPY per gram. Gold rose +0.98% 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 1, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,222.85 | C$71.47 | C$71,466.18 |
| JPY | ¥231,843.25 | ¥7,453.93 | ¥7,453,922.94 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,213.44 | ¥230,861.79 |
| High | C$2,222.85 | ¥231,843.25 |
| Low | C$2,212.45 | ¥230,758.53 |
| Close | C$2,222.85 | ¥231,843.25 |