GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2022
💱 XAU/JPY · Wednesday, November 16, 2022
On Wednesday, November 16, 2022, the gold spot price was C$2,353.39 per troy ounce in Canadian Dollars, equivalent to ¥245,458.58 JPY per ounce or ¥7,891.67 JPY per gram. Gold fell -0.43% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,353.39 | C$75.66 | C$75,663.14 |
| JPY | ¥245,458.58 | ¥7,891.67 | ¥7,891,665.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,358.17 | ¥245,957.13 |
| High | C$2,361.22 | ¥246,275.25 |
| Low | C$2,353.39 | ¥245,458.58 |
| Close | C$2,353.39 | ¥245,458.58 |