GOLD PRICE IN JAPANESE YEN — DECEMBER 19, 2011
💱 XAU/JPY · Monday, December 19, 2011
On Monday, December 19, 2011, the gold spot price was C$1,655.63 per troy ounce in Canadian Dollars, equivalent to ¥172,682.21 JPY per ounce or ¥5,551.86 JPY per gram. Gold rose +0.42% 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 19, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,655.63 | C$53.23 | C$53,229.66 |
| JPY | ¥172,682.21 | ¥5,551.86 | ¥5,551,853.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,657.70 | ¥172,898.11 |
| High | C$1,664.97 | ¥173,656.37 |
| Low | C$1,650.74 | ¥172,172.18 |
| Close | C$1,655.63 | ¥172,682.21 |