GOLD PRICE IN JAPANESE YEN — DECEMBER 9, 2011
💱 XAU/JPY · Friday, December 9, 2011
On Friday, December 9, 2011, the gold spot price was C$1,751.00 per troy ounce in Canadian Dollars, equivalent to ¥182,629.30 JPY per ounce or ¥5,871.66 JPY per gram. Gold rose +1.45% 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 9, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,751.00 | C$56.30 | C$56,295.88 |
| JPY | ¥182,629.30 | ¥5,871.66 | ¥5,871,659.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,751.51 | ¥182,682.49 |
| High | C$1,759.07 | ¥183,471.00 |
| Low | C$1,743.74 | ¥181,872.08 |
| Close | C$1,751.00 | ¥182,629.30 |