GOLD PRICE IN JAPANESE YEN — NOVEMBER 4, 2022
💱 XAU/JPY · Friday, November 4, 2022
On Friday, November 4, 2022, the gold spot price was C$2,298.42 per troy ounce in Canadian Dollars, equivalent to ¥239,725.21 JPY per ounce or ¥7,707.34 JPY per gram. Gold rose +2.98% 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 4, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,298.42 | C$73.90 | C$73,895.81 |
| JPY | ¥239,725.21 | ¥7,707.34 | ¥7,707,333.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,240.29 | ¥233,662.25 |
| High | C$2,301.16 | ¥240,010.99 |
| Low | C$2,238.64 | ¥233,490.15 |
| Close | C$2,298.42 | ¥239,725.21 |