GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2024
💱 XAU/JPY · Friday, November 1, 2024
On Friday, November 1, 2024, the gold spot price was C$3,816.29 per troy ounce in Canadian Dollars, equivalent to ¥398,039.05 JPY per ounce or ¥12,797.24 JPY per gram. Gold rose +0.21% 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 1, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,816.29 | C$122.70 | C$122,696.39 |
| JPY | ¥398,039.05 | ¥12,797.24 | ¥12,797,233.99 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,825.91 | ¥399,042.41 |
| High | C$3,840.54 | ¥400,568.32 |
| Low | C$3,810.16 | ¥397,399.69 |
| Close | C$3,816.29 | ¥398,039.05 |