GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2011
💱 XAU/JPY · Friday, December 16, 2011
On Friday, December 16, 2011, the gold spot price was C$1,648.73 per troy ounce in Canadian Dollars, equivalent to ¥171,962.54 JPY per ounce or ¥5,528.72 JPY per gram. Gold rose +0.80% 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 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,648.73 | C$53.01 | C$53,007.82 |
| JPY | ¥171,962.54 | ¥5,528.72 | ¥5,528,716.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,640.26 | ¥171,079.12 |
| High | C$1,649.04 | ¥171,994.87 |
| Low | C$1,638.81 | ¥170,927.88 |
| Close | C$1,648.73 | ¥171,962.54 |