GOLD PRICE IN JAPANESE YEN — OCTOBER 14, 2011
💱 XAU/JPY · Friday, October 14, 2011
On Friday, October 14, 2011, the gold spot price was C$1,720.99 per troy ounce in Canadian Dollars, equivalent to ¥179,499.26 JPY per ounce or ¥5,771.03 JPY per gram. Gold rose +1.41% 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 14, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,720.99 | C$55.33 | C$55,331.03 |
| JPY | ¥179,499.26 | ¥5,771.03 | ¥5,771,026.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,704.61 | ¥177,790.82 |
| High | C$1,722.52 | ¥179,658.84 |
| Low | C$1,704.61 | ¥177,790.82 |
| Close | C$1,720.99 | ¥179,499.26 |