GOLD PRICE IN JAPANESE YEN — OCTOBER 18, 2011
💱 XAU/JPY · Tuesday, October 18, 2011
On Tuesday, October 18, 2011, the gold spot price was C$1,688.70 per troy ounce in Canadian Dollars, equivalent to ¥176,131.41 JPY per ounce or ¥5,662.75 JPY per gram. Gold fell -0.15% 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 18, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,688.70 | C$54.29 | C$54,292.89 |
| JPY | ¥176,131.41 | ¥5,662.75 | ¥5,662,748.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,703.32 | ¥177,656.28 |
| High | C$1,703.32 | ¥177,656.28 |
| Low | C$1,663.96 | ¥173,551.03 |
| Close | C$1,688.70 | ¥176,131.41 |