GOLD PRICE IN JAPANESE YEN — DECEMBER 2, 2011
💱 XAU/JPY · Friday, December 2, 2011
On Friday, December 2, 2011, the gold spot price was C$1,771.86 per troy ounce in Canadian Dollars, equivalent to ¥184,805.00 JPY per ounce or ¥5,941.61 JPY per gram. Gold rose +0.30% 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 2, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,771.86 | C$56.97 | C$56,966.54 |
| JPY | ¥184,805.00 | ¥5,941.61 | ¥5,941,610.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,769.63 | ¥184,572.41 |
| High | C$1,787.99 | ¥186,487.36 |
| Low | C$1,766.38 | ¥184,233.43 |
| Close | C$1,771.86 | ¥184,805.00 |