GOLD PRICE IN JAPANESE YEN — OCTOBER 18, 2012
💱 XAU/JPY · Thursday, October 18, 2012
On Thursday, October 18, 2012, the gold spot price was C$1,705.30 per troy ounce in Canadian Dollars, equivalent to ¥177,862.79 JPY per ounce or ¥5,718.42 JPY per gram. Gold fell -1.23% 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 18, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,705.30 | C$54.83 | C$54,826.59 |
| JPY | ¥177,862.79 | ¥5,718.42 | ¥5,718,413.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,710.97 | ¥178,454.17 |
| High | C$1,710.97 | ¥178,454.17 |
| Low | C$1,702.56 | ¥177,577.01 |
| Close | C$1,705.30 | ¥177,862.79 |