GOLD PRICE IN JAPANESE YEN — NOVEMBER 20, 2023
💱 XAU/JPY · Monday, November 20, 2023
On Monday, November 20, 2023, the gold spot price was C$2,713.21 per troy ounce in Canadian Dollars, equivalent to ¥282,987.80 JPY per ounce or ¥9,098.26 JPY per gram. Gold fell -0.44% 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 20, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,713.21 | C$87.23 | C$87,231.60 |
| JPY | ¥282,987.80 | ¥9,098.26 | ¥9,098,255.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,714.58 | ¥283,130.69 |
| High | C$2,715.54 | ¥283,230.82 |
| Low | C$2,702.23 | ¥281,842.59 |
| Close | C$2,713.21 | ¥282,987.80 |