GOLD PRICE IN JAPANESE YEN — OCTOBER 24, 2011
💱 XAU/JPY · Monday, October 24, 2011
On Monday, October 24, 2011, the gold spot price was C$1,666.86 per troy ounce in Canadian Dollars, equivalent to ¥173,853.50 JPY per ounce or ¥5,589.52 JPY per gram. Gold rose +0.32% 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 24, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,666.86 | C$53.59 | C$53,590.72 |
| JPY | ¥173,853.50 | ¥5,589.52 | ¥5,589,511.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,661.51 | ¥173,295.49 |
| High | C$1,673.22 | ¥174,516.85 |
| Low | C$1,661.51 | ¥173,295.49 |
| Close | C$1,666.86 | ¥173,853.50 |