GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2012
💱 XAU/JPY · Wednesday, October 17, 2012
On Wednesday, October 17, 2012, the gold spot price was C$1,726.45 per troy ounce in Canadian Dollars, equivalent to ¥180,068.74 JPY per ounce or ¥5,789.34 JPY per gram. Gold rose +0.88% 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 17, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,726.45 | C$55.51 | C$55,506.58 |
| JPY | ¥180,068.74 | ¥5,789.34 | ¥5,789,335.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,724.38 | ¥179,852.83 |
| High | C$1,726.45 | ¥180,068.74 |
| Low | C$1,721.03 | ¥179,503.43 |
| Close | C$1,726.45 | ¥180,068.74 |