GOLD PRICE IN JAPANESE YEN — DECEMBER 27, 2011
💱 XAU/JPY · Tuesday, December 27, 2011
On Tuesday, December 27, 2011, the gold spot price was C$1,626.88 per troy ounce in Canadian Dollars, equivalent to ¥169,683.58 JPY per ounce or ¥5,455.45 JPY per gram. Gold fell -0.70% 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 27, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,626.88 | C$52.31 | C$52,305.33 |
| JPY | ¥169,683.58 | ¥5,455.45 | ¥5,455,446.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,631.78 | ¥170,194.65 |
| High | C$1,631.78 | ¥170,194.65 |
| Low | C$1,625.25 | ¥169,513.57 |
| Close | C$1,626.88 | ¥169,683.58 |