GOLD PRICE IN JAPANESE YEN — NOVEMBER 17, 2011
💱 XAU/JPY · Thursday, November 17, 2011
On Thursday, November 17, 2011, the gold spot price was C$1,763.14 per troy ounce in Canadian Dollars, equivalent to ¥183,895.50 JPY per ounce or ¥5,912.37 JPY per gram. Gold fell -2.80% 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 17, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,763.14 | C$56.69 | C$56,686.19 |
| JPY | ¥183,895.50 | ¥5,912.37 | ¥5,912,369.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,799.53 | ¥187,690.98 |
| High | C$1,799.53 | ¥187,690.98 |
| Low | C$1,757.19 | ¥183,274.92 |
| Close | C$1,763.14 | ¥183,895.50 |