GOLD PRICE IN JAPANESE YEN — OCTOBER 11, 2011
💱 XAU/JPY · Tuesday, October 11, 2011
On Tuesday, October 11, 2011, the gold spot price was C$1,703.85 per troy ounce in Canadian Dollars, equivalent to ¥177,711.56 JPY per ounce or ¥5,713.55 JPY per gram. Gold fell -1.67% 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 11, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,703.85 | C$54.78 | C$54,779.97 |
| JPY | ¥177,711.56 | ¥5,713.55 | ¥5,713,550.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,729.82 | ¥180,420.23 |
| High | C$1,729.82 | ¥180,420.23 |
| Low | C$1,701.69 | ¥177,486.27 |
| Close | C$1,703.85 | ¥177,711.56 |