GOLD PRICE IN JAPANESE YEN — NOVEMBER 5, 2024
💱 XAU/JPY · Tuesday, November 5, 2024
On Tuesday, November 5, 2024, the gold spot price was C$3,809.21 per troy ounce in Canadian Dollars, equivalent to ¥397,300.60 JPY per ounce or ¥12,773.50 JPY per gram. Gold rose +0.02% 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 5, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,809.21 | C$122.47 | C$122,468.77 |
| JPY | ¥397,300.60 | ¥12,773.50 | ¥12,773,492.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,812.96 | ¥397,691.73 |
| High | C$3,814.21 | ¥397,822.10 |
| Low | C$3,809.21 | ¥397,300.60 |
| Close | C$3,809.21 | ¥397,300.60 |