GOLD PRICE IN JAPANESE YEN — SEPTEMBER 7, 2012
💱 XAU/JPY · Friday, September 7, 2012
On Friday, September 7, 2012, the gold spot price was C$1,707.62 per troy ounce in Canadian Dollars, equivalent to ¥178,104.77 JPY per ounce or ¥5,726.20 JPY per gram. Gold rose +1.26% 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 — SEPTEMBER 7, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,707.62 | C$54.90 | C$54,901.18 |
| JPY | ¥178,104.77 | ¥5,726.20 | ¥5,726,192.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,667.52 | ¥173,922.34 |
| High | C$1,708.30 | ¥178,175.69 |
| Low | C$1,667.52 | ¥173,922.34 |
| Close | C$1,707.62 | ¥178,104.77 |