GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2001
💱 XAU/JPY · Friday, December 7, 2001
On Friday, December 7, 2001, the gold spot price was C$369.76 per troy ounce in Canadian Dollars, equivalent to ¥38,565.97 JPY per ounce or ¥1,239.92 JPY per gram. Gold fell -0.11% 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 — DECEMBER 7, 2001
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$369.76 | C$11.89 | C$11,888.04 |
| JPY | ¥38,565.97 | ¥1,239.92 | ¥1,239,922.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$370.04 | ¥38,595.17 |
| High | C$370.44 | ¥38,636.89 |
| Low | C$368.95 | ¥38,481.49 |
| Close | C$369.76 | ¥38,565.97 |