GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2022
💱 XAU/JPY · Monday, November 7, 2022
On Monday, November 7, 2022, the gold spot price was C$2,265.37 per troy ounce in Canadian Dollars, equivalent to ¥236,278.09 JPY per ounce or ¥7,596.51 JPY per gram. Gold fell -1.44% 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 7, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,265.37 | C$72.83 | C$72,833.23 |
| JPY | ¥236,278.09 | ¥7,596.51 | ¥7,596,506.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,265.91 | ¥236,334.41 |
| High | C$2,267.26 | ¥236,475.22 |
| Low | C$2,260.51 | ¥235,771.19 |
| Close | C$2,265.37 | ¥236,278.09 |