GOLD PRICE IN JAPANESE YEN — NOVEMBER 2, 2022
💱 XAU/JPY · Wednesday, November 2, 2022
On Wednesday, November 2, 2022, the gold spot price was C$2,241.11 per troy ounce in Canadian Dollars, equivalent to ¥233,747.77 JPY per ounce or ¥7,515.16 JPY per gram. Gold rose +0.10% 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 2, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,241.11 | C$72.05 | C$72,053.26 |
| JPY | ¥233,747.77 | ¥7,515.16 | ¥7,515,154.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,248.06 | ¥234,472.66 |
| High | C$2,266.99 | ¥236,447.06 |
| Low | C$2,225.18 | ¥232,086.27 |
| Close | C$2,241.11 | ¥233,747.77 |