GOLD PRICE IN JAPANESE YEN — NOVEMBER 2, 2011
💱 XAU/JPY · Wednesday, November 2, 2011
On Wednesday, November 2, 2011, the gold spot price was C$1,764.31 per troy ounce in Canadian Dollars, equivalent to ¥184,017.53 JPY per ounce or ¥5,916.30 JPY per gram. Gold rose +3.23% 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 2, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,764.31 | C$56.72 | C$56,723.80 |
| JPY | ¥184,017.53 | ¥5,916.30 | ¥5,916,292.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,759.82 | ¥183,549.23 |
| High | C$1,777.27 | ¥185,369.26 |
| Low | C$1,758.70 | ¥183,432.41 |
| Close | C$1,764.31 | ¥184,017.53 |