GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2011
💱 XAU/JPY · Monday, November 7, 2011
On Monday, November 7, 2011, the gold spot price was C$1,820.02 per troy ounce in Canadian Dollars, equivalent to ¥189,828.09 JPY per ounce or ¥6,103.11 JPY per gram. Gold rose +2.87% 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 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,820.02 | C$58.51 | C$58,514.92 |
| JPY | ¥189,828.09 | ¥6,103.11 | ¥6,103,105.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,784.44 | ¥186,117.09 |
| High | C$1,826.83 | ¥190,538.37 |
| Low | C$1,784.44 | ¥186,117.09 |
| Close | C$1,820.02 | ¥189,828.09 |