GOLD PRICE IN JAPANESE YEN — OCTOBER 3, 2011
💱 XAU/JPY · Monday, October 3, 2011
On Monday, October 3, 2011, the gold spot price was C$1,738.80 per troy ounce in Canadian Dollars, equivalent to ¥181,356.84 JPY per ounce or ¥5,830.75 JPY per gram. Gold rose +3.45% 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 — OCTOBER 3, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,738.80 | C$55.90 | C$55,903.64 |
| JPY | ¥181,356.84 | ¥5,830.75 | ¥5,830,749.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.19 | ¥178,268.52 |
| High | C$1,743.84 | ¥181,882.51 |
| Low | C$1,708.98 | ¥178,246.61 |
| Close | C$1,738.80 | ¥181,356.84 |