GOLD PRICE IN JAPANESE YEN — JANUARY 6, 2012
💱 XAU/JPY · Friday, January 6, 2012
On Friday, January 6, 2012, the gold spot price was C$1,647.78 per troy ounce in Canadian Dollars, equivalent to ¥171,863.45 JPY per ounce or ¥5,525.53 JPY per gram. Gold rose +0.41% 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 — JANUARY 6, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,647.78 | C$52.98 | C$52,977.28 |
| JPY | ¥171,863.45 | ¥5,525.53 | ¥5,525,530.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,654.30 | ¥172,543.49 |
| High | C$1,659.70 | ¥173,106.71 |
| Low | C$1,647.78 | ¥171,863.45 |
| Close | C$1,647.78 | ¥171,863.45 |