GOLD PRICE IN JAPANESE YEN — OCTOBER 16, 2012
💱 XAU/JPY · Tuesday, October 16, 2012
On Tuesday, October 16, 2012, the gold spot price was C$1,711.36 per troy ounce in Canadian Dollars, equivalent to ¥178,494.85 JPY per ounce or ¥5,738.74 JPY per gram. Gold rose +0.55% 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 16, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,711.36 | C$55.02 | C$55,021.42 |
| JPY | ¥178,494.85 | ¥5,738.74 | ¥5,738,734.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,703.51 | ¥177,676.09 |
| High | C$1,711.36 | ¥178,494.85 |
| Low | C$1,703.41 | ¥177,665.66 |
| Close | C$1,711.36 | ¥178,494.85 |