GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2011
💱 XAU/JPY · Wednesday, November 16, 2011
On Wednesday, November 16, 2011, the gold spot price was C$1,813.89 per troy ounce in Canadian Dollars, equivalent to ¥189,188.73 JPY per ounce or ¥6,082.55 JPY per gram. Gold rose +0.13% 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 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,813.89 | C$58.32 | C$58,317.83 |
| JPY | ¥189,188.73 | ¥6,082.55 | ¥6,082,550.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,817.67 | ¥189,582.98 |
| High | C$1,817.67 | ¥189,582.98 |
| Low | C$1,797.42 | ¥187,470.91 |
| Close | C$1,813.89 | ¥189,188.73 |