GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2011
💱 XAU/JPY · Monday, December 12, 2011
On Monday, December 12, 2011, the gold spot price was C$1,694.82 per troy ounce in Canadian Dollars, equivalent to ¥176,769.73 JPY per ounce or ¥5,683.27 JPY per gram. Gold fell -3.21% 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 12, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,694.82 | C$54.49 | C$54,489.65 |
| JPY | ¥176,769.73 | ¥5,683.27 | ¥5,683,270.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,738.92 | ¥181,369.36 |
| High | C$1,739.63 | ¥181,443.41 |
| Low | C$1,689.02 | ¥176,164.79 |
| Close | C$1,694.82 | ¥176,769.73 |