GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2012
💱 XAU/JPY · Wednesday, October 31, 2012
On Wednesday, October 31, 2012, the gold spot price was C$1,716.66 per troy ounce in Canadian Dollars, equivalent to ¥179,047.64 JPY per ounce or ¥5,756.51 JPY per gram. Gold rose +0.85% 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 31, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,716.66 | C$55.19 | C$55,191.82 |
| JPY | ¥179,047.64 | ¥5,756.51 | ¥5,756,506.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,713.56 | ¥178,724.31 |
| High | C$1,723.65 | ¥179,776.70 |
| Low | C$1,713.56 | ¥178,724.31 |
| Close | C$1,716.66 | ¥179,047.64 |