GOLD PRICE IN JAPANESE YEN — DECEMBER 28, 2011
💱 XAU/JPY · Wednesday, December 28, 2011
On Wednesday, December 28, 2011, the gold spot price was C$1,593.22 per troy ounce in Canadian Dollars, equivalent to ¥166,172.85 JPY per ounce or ¥5,342.58 JPY per gram. Gold fell -2.07% 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 28, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,593.22 | C$51.22 | C$51,223.14 |
| JPY | ¥166,172.85 | ¥5,342.58 | ¥5,342,573.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,615.65 | ¥168,512.30 |
| High | C$1,619.42 | ¥168,905.51 |
| Low | C$1,591.59 | ¥166,002.84 |
| Close | C$1,593.22 | ¥166,172.85 |