GOLD PRICE IN JAPANESE YEN — OCTOBER 12, 2011
💱 XAU/JPY · Wednesday, October 12, 2011
On Wednesday, October 12, 2011, the gold spot price was C$1,728.28 per troy ounce in Canadian Dollars, equivalent to ¥180,259.60 JPY per ounce or ¥5,795.48 JPY per gram. Gold rose +1.43% 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 12, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,728.28 | C$55.57 | C$55,565.41 |
| JPY | ¥180,259.60 | ¥5,795.48 | ¥5,795,472.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,713.68 | ¥178,736.82 |
| High | C$1,738.25 | ¥181,299.48 |
| Low | C$1,713.68 | ¥178,736.82 |
| Close | C$1,728.28 | ¥180,259.60 |