GOLD PRICE IN JAPANESE YEN — DECEMBER 8, 2011
💱 XAU/JPY · Thursday, December 8, 2011
On Thursday, December 8, 2011, the gold spot price was C$1,725.96 per troy ounce in Canadian Dollars, equivalent to ¥180,017.63 JPY per ounce or ¥5,787.70 JPY per gram. Gold fell -1.75% 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 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,725.96 | C$55.49 | C$55,490.82 |
| JPY | ¥180,017.63 | ¥5,787.70 | ¥5,787,692.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,758.46 | ¥183,407.38 |
| High | C$1,768.86 | ¥184,492.10 |
| Low | C$1,721.52 | ¥179,554.54 |
| Close | C$1,725.96 | ¥180,017.63 |