GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2024
💱 XAU/JPY · Thursday, November 7, 2024
On Thursday, November 7, 2024, the gold spot price was C$3,763.78 per troy ounce in Canadian Dollars, equivalent to ¥392,562.25 JPY per ounce or ¥12,621.16 JPY per gram. Gold rose +2.00% 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 7, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,763.78 | C$121.01 | C$121,008.16 |
| JPY | ¥392,562.25 | ¥12,621.16 | ¥12,621,151.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,713.71 | ¥387,339.95 |
| High | C$3,764.76 | ¥392,664.47 |
| Low | C$3,713.71 | ¥387,339.95 |
| Close | C$3,763.78 | ¥392,562.25 |