GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2011
💱 XAU/JPY · Thursday, December 1, 2011
On Thursday, December 1, 2011, the gold spot price was C$1,766.54 per troy ounce in Canadian Dollars, equivalent to ¥184,250.12 JPY per ounce or ¥5,923.77 JPY per gram. Gold fell -1.94% 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 — DECEMBER 1, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,766.54 | C$56.80 | C$56,795.50 |
| JPY | ¥184,250.12 | ¥5,923.77 | ¥5,923,770.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,778.45 | ¥185,492.34 |
| High | C$1,784.86 | ¥186,160.90 |
| Low | C$1,765.72 | ¥184,164.60 |
| Close | C$1,766.54 | ¥184,250.12 |