GOLD PRICE IN JAPANESE YEN — NOVEMBER 3, 2011
💱 XAU/JPY · Thursday, November 3, 2011
On Thursday, November 3, 2011, the gold spot price was C$1,796.11 per troy ounce in Canadian Dollars, equivalent to ¥187,334.27 JPY per ounce or ¥6,022.93 JPY per gram. Gold rose +1.80% 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 3, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,796.11 | C$57.75 | C$57,746.19 |
| JPY | ¥187,334.27 | ¥6,022.93 | ¥6,022,928.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,771.99 | ¥184,818.56 |
| High | C$1,797.95 | ¥187,526.19 |
| Low | C$1,757.83 | ¥183,341.67 |
| Close | C$1,796.11 | ¥187,334.27 |