GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2023
💱 XAU/JPY · Thursday, November 9, 2023
On Thursday, November 9, 2023, the gold spot price was C$2,709.26 per troy ounce in Canadian Dollars, equivalent to ¥282,575.82 JPY per ounce or ¥9,085.02 JPY per gram. Gold rose +0.83% 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 9, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,709.26 | C$87.10 | C$87,104.61 |
| JPY | ¥282,575.82 | ¥9,085.02 | ¥9,085,010.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,692.02 | ¥280,777.69 |
| High | C$2,709.26 | ¥282,575.82 |
| Low | C$2,683.19 | ¥279,856.72 |
| Close | C$2,709.26 | ¥282,575.82 |