GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2011
💱 XAU/JPY · Wednesday, December 7, 2011
On Wednesday, December 7, 2011, the gold spot price was C$1,756.64 per troy ounce in Canadian Dollars, equivalent to ¥183,217.55 JPY per ounce or ¥5,890.58 JPY per gram. Gold fell -0.03% 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 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,756.64 | C$56.48 | C$56,477.21 |
| JPY | ¥183,217.55 | ¥5,890.58 | ¥5,890,572.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,746.24 | ¥182,132.83 |
| High | C$1,757.65 | ¥183,322.90 |
| Low | C$1,735.55 | ¥181,017.87 |
| Close | C$1,756.64 | ¥183,217.55 |