GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2010
💱 XAU/JPY · Wednesday, December 1, 2010
On Wednesday, December 1, 2010, the gold spot price was C$1,422.68 per troy ounce in Canadian Dollars, equivalent to ¥148,385.52 JPY per ounce or ¥4,770.70 JPY per gram. Gold rose +0.78% 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, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,422.68 | C$45.74 | C$45,740.16 |
| JPY | ¥148,385.52 | ¥4,770.70 | ¥4,770,698.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,422.16 | ¥148,331.29 |
| High | C$1,432.21 | ¥149,379.50 |
| Low | C$1,417.55 | ¥147,850.47 |
| Close | C$1,422.68 | ¥148,385.52 |