GOLD PRICE IN JAPANESE YEN — NOVEMBER 11, 2011
💱 XAU/JPY · Friday, November 11, 2011
On Friday, November 11, 2011, the gold spot price was C$1,816.69 per troy ounce in Canadian Dollars, equivalent to ¥189,480.77 JPY per ounce or ¥6,091.94 JPY per gram. Gold rose +0.88% 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 11, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,816.69 | C$58.41 | C$58,407.86 |
| JPY | ¥189,480.77 | ¥6,091.94 | ¥6,091,939.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,806.02 | ¥188,367.89 |
| High | C$1,818.32 | ¥189,650.78 |
| Low | C$1,806.02 | ¥188,367.89 |
| Close | C$1,816.69 | ¥189,480.77 |