GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2023
💱 XAU/JPY · Thursday, November 16, 2023
On Thursday, November 16, 2023, the gold spot price was C$2,714.65 per troy ounce in Canadian Dollars, equivalent to ¥283,138.00 JPY per ounce or ¥9,103.09 JPY per gram. Gold rose +1.10% 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, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,714.65 | C$87.28 | C$87,277.90 |
| JPY | ¥283,138.00 | ¥9,103.09 | ¥9,103,084.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,689.20 | ¥280,483.56 |
| High | C$2,714.65 | ¥283,138.00 |
| Low | C$2,688.24 | ¥280,383.43 |
| Close | C$2,714.65 | ¥283,138.00 |