GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2010
💱 XAU/JPY · Tuesday, December 7, 2010
On Tuesday, December 7, 2010, the gold spot price was C$1,416.19 per troy ounce in Canadian Dollars, equivalent to ¥147,708.62 JPY per ounce or ¥4,748.94 JPY per gram. Gold fell -0.20% 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, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,416.19 | C$45.53 | C$45,531.50 |
| JPY | ¥147,708.62 | ¥4,748.94 | ¥4,748,935.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,432.48 | ¥149,407.66 |
| High | C$1,439.11 | ¥150,099.17 |
| Low | C$1,405.83 | ¥146,628.07 |
| Close | C$1,416.19 | ¥147,708.62 |