GOLD PRICE IN JAPANESE YEN — JULY 7, 2011
💱 XAU/JPY · Thursday, July 7, 2011
On Thursday, July 7, 2011, the gold spot price was C$1,476.18 per troy ounce in Canadian Dollars, equivalent to ¥153,965.57 JPY per ounce or ¥4,950.10 JPY per gram. Gold rose +0.31% 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 — JULY 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,476.18 | C$47.46 | C$47,460.22 |
| JPY | ¥153,965.57 | ¥4,950.10 | ¥4,950,100.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,475.12 | ¥153,855.02 |
| High | C$1,478.98 | ¥154,257.61 |
| Low | C$1,468.95 | ¥153,211.49 |
| Close | C$1,476.18 | ¥153,965.57 |