GOLD PRICE IN JAPANESE YEN — OCTOBER 7, 2011
💱 XAU/JPY · Friday, October 7, 2011
On Friday, October 7, 2011, the gold spot price was C$1,695.96 per troy ounce in Canadian Dollars, equivalent to ¥176,888.63 JPY per ounce or ¥5,687.10 JPY per gram. Gold fell -1.46% 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 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,695.96 | C$54.53 | C$54,526.30 |
| JPY | ¥176,888.63 | ¥5,687.10 | ¥5,687,093.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,719.30 | ¥179,322.99 |
| High | C$1,727.60 | ¥180,188.68 |
| Low | C$1,687.35 | ¥175,990.60 |
| Close | C$1,695.96 | ¥176,888.63 |