GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2022
💱 XAU/JPY · Tuesday, November 8, 2022
On Tuesday, November 8, 2022, the gold spot price was C$2,310.22 per troy ounce in Canadian Dollars, equivalent to ¥240,955.95 JPY per ounce or ¥7,746.91 JPY per gram. Gold rose +1.98% 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 8, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,310.22 | C$74.28 | C$74,275.19 |
| JPY | ¥240,955.95 | ¥7,746.91 | ¥7,746,902.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,298.21 | ¥239,703.30 |
| High | C$2,310.22 | ¥240,955.95 |
| Low | C$2,298.21 | ¥239,703.30 |
| Close | C$2,310.22 | ¥240,955.95 |