GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2024
💱 XAU/JPY · Wednesday, November 6, 2024
On Wednesday, November 6, 2024, the gold spot price was C$3,690.09 per troy ounce in Canadian Dollars, equivalent to ¥384,876.39 JPY per ounce or ¥12,374.05 JPY per gram. Gold fell -3.13% 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 6, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,690.09 | C$118.64 | C$118,638.98 |
| JPY | ¥384,876.39 | ¥12,374.05 | ¥12,374,045.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,782.63 | ¥394,528.31 |
| High | C$3,782.63 | ¥394,528.31 |
| Low | C$3,678.75 | ¥383,693.63 |
| Close | C$3,690.09 | ¥384,876.39 |