GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2011
💱 XAU/JPY · Monday, October 17, 2011
On Monday, October 17, 2011, the gold spot price was C$1,691.25 per troy ounce in Canadian Dollars, equivalent to ¥176,397.38 JPY per ounce or ¥5,671.30 JPY per gram. Gold fell -1.73% 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 17, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,691.25 | C$54.37 | C$54,374.87 |
| JPY | ¥176,397.38 | ¥5,671.30 | ¥5,671,299.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,699.43 | ¥177,250.55 |
| High | C$1,709.42 | ¥178,292.51 |
| Low | C$1,682.97 | ¥175,533.77 |
| Close | C$1,691.25 | ¥176,397.38 |