GOLD PRICE IN JAPANESE YEN — DECEMBER 8, 2010
💱 XAU/JPY · Wednesday, December 8, 2010
On Wednesday, December 8, 2010, the gold spot price was C$1,397.43 per troy ounce in Canadian Dollars, equivalent to ¥145,751.95 JPY per ounce or ¥4,686.03 JPY per gram. Gold fell -1.32% 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 8, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,397.43 | C$44.93 | C$44,928.35 |
| JPY | ¥145,751.95 | ¥4,686.03 | ¥4,686,027.19 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,417.65 | ¥147,860.90 |
| High | C$1,418.96 | ¥147,997.53 |
| Low | C$1,386.82 | ¥144,645.33 |
| Close | C$1,397.43 | ¥145,751.95 |