GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2023
💱 XAU/JPY · Wednesday, November 1, 2023
On Wednesday, November 1, 2023, the gold spot price was C$2,745.90 per troy ounce in Canadian Dollars, equivalent to ¥286,397.37 JPY per ounce or ¥9,207.88 JPY per gram. Gold rose +0.02% 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 1, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,745.90 | C$88.28 | C$88,282.61 |
| JPY | ¥286,397.37 | ¥9,207.88 | ¥9,207,875.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,762.14 | ¥288,091.20 |
| High | C$2,762.14 | ¥288,091.20 |
| Low | C$2,744.51 | ¥286,252.39 |
| Close | C$2,745.90 | ¥286,397.37 |