GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2006
💱 XAU/JPY · Friday, December 1, 2006
On Friday, December 1, 2006, the gold spot price was C$738.05 per troy ounce in Canadian Dollars, equivalent to ¥76,978.61 JPY per ounce or ¥2,474.92 JPY per gram. Gold fell -0.07% 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 1, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$738.05 | C$23.73 | C$23,728.82 |
| JPY | ¥76,978.61 | ¥2,474.92 | ¥2,474,916.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$739.20 | ¥77,098.56 |
| High | C$743.78 | ¥77,576.25 |
| Low | C$736.68 | ¥76,835.72 |
| Close | C$738.05 | ¥76,978.61 |