GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2011
💱 XAU/JPY · Wednesday, November 9, 2011
On Wednesday, November 9, 2011, the gold spot price was C$1,807.56 per troy ounce in Canadian Dollars, equivalent to ¥188,528.51 JPY per ounce or ¥6,061.33 JPY per gram. Gold fell -0.85% 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 9, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,807.56 | C$58.11 | C$58,114.32 |
| JPY | ¥188,528.51 | ¥6,061.33 | ¥6,061,323.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,809.67 | ¥188,748.58 |
| High | C$1,809.67 | ¥188,748.58 |
| Low | C$1,790.70 | ¥186,770.01 |
| Close | C$1,807.56 | ¥188,528.51 |