GOLD PRICE IN JAPANESE YEN — OCTOBER 24, 2012
💱 XAU/JPY · Wednesday, October 24, 2012
On Wednesday, October 24, 2012, the gold spot price was C$1,687.92 per troy ounce in Canadian Dollars, equivalent to ¥176,050.06 JPY per ounce or ¥5,660.14 JPY per gram. Gold fell -0.40% 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 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,687.92 | C$54.27 | C$54,267.81 |
| JPY | ¥176,050.06 | ¥5,660.14 | ¥5,660,132.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,695.76 | ¥176,867.77 |
| High | C$1,695.86 | ¥176,878.20 |
| Low | C$1,686.03 | ¥175,852.93 |
| Close | C$1,687.92 | ¥176,050.06 |