GOLD PRICE IN JAPANESE YEN — DECEMBER 6, 2011
💱 XAU/JPY · Tuesday, December 6, 2011
On Tuesday, December 6, 2011, the gold spot price was C$1,757.10 per troy ounce in Canadian Dollars, equivalent to ¥183,265.53 JPY per ounce or ¥5,892.12 JPY per gram. Gold fell -0.18% 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 6, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,757.10 | C$56.49 | C$56,491.99 |
| JPY | ¥183,265.53 | ¥5,892.12 | ¥5,892,115.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,751.20 | ¥182,650.16 |
| High | C$1,761.07 | ¥183,679.60 |
| Low | C$1,731.78 | ¥180,624.65 |
| Close | C$1,757.10 | ¥183,265.53 |