GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2011
💱 XAU/JPY · Tuesday, December 20, 2011
On Tuesday, December 20, 2011, the gold spot price was C$1,676.67 per troy ounce in Canadian Dollars, equivalent to ¥174,876.68 JPY per ounce or ¥5,622.41 JPY per gram. Gold rose +1.27% 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 20, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,676.67 | C$53.91 | C$53,906.11 |
| JPY | ¥174,876.68 | ¥5,622.41 | ¥5,622,407.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,656.74 | ¥172,797.98 |
| High | C$1,678.12 | ¥175,027.92 |
| Low | C$1,656.74 | ¥172,797.98 |
| Close | C$1,676.67 | ¥174,876.68 |