GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2021
💱 XAU/JPY · Monday, November 8, 2021
On Monday, November 8, 2021, the gold spot price was C$2,275.26 per troy ounce in Canadian Dollars, equivalent to ¥237,309.62 JPY per ounce or ¥7,629.68 JPY per gram. Gold rose +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 8, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,275.26 | C$73.15 | C$73,151.20 |
| JPY | ¥237,309.62 | ¥7,629.68 | ¥7,629,670.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,262.31 | ¥235,958.93 |
| High | C$2,275.26 | ¥237,309.62 |
| Low | C$2,262.19 | ¥235,946.42 |
| Close | C$2,275.26 | ¥237,309.62 |