GOLD PRICE IN JAPANESE YEN — NOVEMBER 2, 2023
💱 XAU/JPY · Thursday, November 2, 2023
On Thursday, November 2, 2023, the gold spot price was C$2,746.96 per troy ounce in Canadian Dollars, equivalent to ¥286,507.93 JPY per ounce or ¥9,211.44 JPY per gram. Gold rose +0.04% 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 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,746.96 | C$88.32 | C$88,316.69 |
| JPY | ¥286,507.93 | ¥9,211.44 | ¥9,211,430.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,751.80 | ¥287,012.74 |
| High | C$2,753.46 | ¥287,185.88 |
| Low | C$2,738.52 | ¥285,627.64 |
| Close | C$2,746.96 | ¥286,507.93 |