GOLD PRICE IN JAPANESE YEN — DECEMBER 23, 2011
💱 XAU/JPY · Friday, December 23, 2011
On Friday, December 23, 2011, the gold spot price was C$1,638.40 per troy ounce in Canadian Dollars, equivalent to ¥170,885.12 JPY per ounce or ¥5,494.08 JPY per gram. Gold fell -0.87% 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 23, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,638.40 | C$52.68 | C$52,675.71 |
| JPY | ¥170,885.12 | ¥5,494.08 | ¥5,494,076.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,645.85 | ¥171,662.16 |
| High | C$1,646.67 | ¥171,747.68 |
| Low | C$1,638.40 | ¥170,885.12 |
| Close | C$1,638.40 | ¥170,885.12 |