GOLD PRICE IN JAPANESE YEN — NOVEMBER 17, 2023
💱 XAU/JPY · Friday, November 17, 2023
On Friday, November 17, 2023, the gold spot price was C$2,725.12 per troy ounce in Canadian Dollars, equivalent to ¥284,230.02 JPY per ounce or ¥9,138.20 JPY per gram. Gold rose +0.39% 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 17, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,725.12 | C$87.61 | C$87,614.52 |
| JPY | ¥284,230.02 | ¥9,138.20 | ¥9,138,193.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,726.35 | ¥284,358.31 |
| High | C$2,728.42 | ¥284,574.21 |
| Low | C$2,722.64 | ¥283,971.35 |
| Close | C$2,725.12 | ¥284,230.02 |