GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2011
💱 XAU/JPY · Monday, December 5, 2011
On Monday, December 5, 2011, the gold spot price was C$1,760.29 per troy ounce in Canadian Dollars, equivalent to ¥183,598.25 JPY per ounce or ¥5,902.82 JPY per gram. Gold fell -0.65% 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 5, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,760.29 | C$56.59 | C$56,594.56 |
| JPY | ¥183,598.25 | ¥5,902.82 | ¥5,902,812.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,778.81 | ¥185,529.88 |
| High | C$1,782.57 | ¥185,922.05 |
| Low | C$1,748.09 | ¥182,325.79 |
| Close | C$1,760.29 | ¥183,598.25 |