GOLD PRICE IN JAPANESE YEN — DECEMBER 30, 2011
💱 XAU/JPY · Friday, December 30, 2011
On Friday, December 30, 2011, the gold spot price was C$1,597.59 per troy ounce in Canadian Dollars, equivalent to ¥166,628.64 JPY per ounce or ¥5,357.23 JPY per gram. Gold rose +1.19% 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 30, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,597.59 | C$51.36 | C$51,363.64 |
| JPY | ¥166,628.64 | ¥5,357.23 | ¥5,357,227.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,580.85 | ¥164,882.66 |
| High | C$1,611.56 | ¥168,085.71 |
| Low | C$1,579.32 | ¥164,723.08 |
| Close | C$1,597.59 | ¥166,628.64 |