GOLD PRICE IN JAPANESE YEN — DECEMBER 29, 2011
💱 XAU/JPY · Thursday, December 29, 2011
On Thursday, December 29, 2011, the gold spot price was C$1,578.86 per troy ounce in Canadian Dollars, equivalent to ¥164,675.10 JPY per ounce or ¥5,294.42 JPY per gram. Gold fell -0.90% 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 29, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,578.86 | C$50.76 | C$50,761.45 |
| JPY | ¥164,675.10 | ¥5,294.42 | ¥5,294,419.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,598.75 | ¥166,749.63 |
| High | C$1,598.75 | ¥166,749.63 |
| Low | C$1,563.58 | ¥163,081.39 |
| Close | C$1,578.86 | ¥164,675.10 |