GOLD PRICE IN JAPANESE YEN — DECEMBER 14, 2011
💱 XAU/JPY · Wednesday, December 14, 2011
On Wednesday, December 14, 2011, the gold spot price was C$1,638.80 per troy ounce in Canadian Dollars, equivalent to ¥170,926.84 JPY per ounce or ¥5,495.42 JPY per gram. Gold fell -3.92% 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 14, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,638.80 | C$52.69 | C$52,688.57 |
| JPY | ¥170,926.84 | ¥5,495.42 | ¥5,495,417.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,692.80 | ¥176,559.04 |
| High | C$1,695.90 | ¥176,882.37 |
| Low | C$1,619.66 | ¥168,930.54 |
| Close | C$1,638.80 | ¥170,926.84 |