GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2011
💱 XAU/JPY · Tuesday, November 8, 2011
On Tuesday, November 8, 2011, the gold spot price was C$1,823.04 per troy ounce in Canadian Dollars, equivalent to ¥190,143.07 JPY per ounce or ¥6,113.24 JPY per gram. Gold rose +0.17% 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 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,823.04 | C$58.61 | C$58,612.01 |
| JPY | ¥190,143.07 | ¥6,113.24 | ¥6,113,232.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,823.04 | ¥190,143.07 |
| High | C$1,823.04 | ¥190,143.07 |
| Low | C$1,810.16 | ¥188,799.69 |
| Close | C$1,823.04 | ¥190,143.07 |