GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2011
💱 XAU/JPY · Tuesday, November 1, 2011
On Tuesday, November 1, 2011, the gold spot price was C$1,709.12 per troy ounce in Canadian Dollars, equivalent to ¥178,261.22 JPY per ounce or ¥5,731.23 JPY per gram. Gold fell -0.25% 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 — NOVEMBER 1, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,709.12 | C$54.95 | C$54,949.40 |
| JPY | ¥178,261.22 | ¥5,731.23 | ¥5,731,222.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,704.82 | ¥177,812.73 |
| High | C$1,718.21 | ¥179,209.30 |
| Low | C$1,680.65 | ¥175,291.80 |
| Close | C$1,709.12 | ¥178,261.22 |