GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2023
💱 XAU/JPY · Monday, November 6, 2023
On Monday, November 6, 2023, the gold spot price was C$2,706.98 per troy ounce in Canadian Dollars, equivalent to ¥282,338.01 JPY per ounce or ¥9,077.37 JPY per gram. Gold fell -1.12% 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 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,706.98 | C$87.03 | C$87,031.30 |
| JPY | ¥282,338.01 | ¥9,077.37 | ¥9,077,364.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,706.98 | ¥282,338.01 |
| High | C$2,706.98 | ¥282,338.01 |
| Low | C$2,701.25 | ¥281,740.38 |
| Close | C$2,706.98 | ¥282,338.01 |