GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2012
💱 XAU/JPY · Monday, October 8, 2012
On Monday, October 8, 2012, the gold spot price was C$1,733.14 per troy ounce in Canadian Dollars, equivalent to ¥180,766.50 JPY per ounce or ¥5,811.77 JPY per gram. Gold fell -0.60% 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 — OCTOBER 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,733.14 | C$55.72 | C$55,721.66 |
| JPY | ¥180,766.50 | ¥5,811.77 | ¥5,811,769.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,737.53 | ¥181,224.38 |
| High | C$1,737.53 | ¥181,224.38 |
| Low | C$1,726.59 | ¥180,083.34 |
| Close | C$1,733.14 | ¥180,766.50 |