GOLD PRICE IN JAPANESE YEN — NOVEMBER 1, 2012
💱 XAU/JPY · Thursday, November 1, 2012
On Thursday, November 1, 2012, the gold spot price was C$1,714.10 per troy ounce in Canadian Dollars, equivalent to ¥178,780.63 JPY per ounce or ¥5,747.93 JPY per gram. Gold fell -0.15% 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 — NOVEMBER 1, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,714.10 | C$55.11 | C$55,109.51 |
| JPY | ¥178,780.63 | ¥5,747.93 | ¥5,747,922.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,722.30 | ¥179,635.89 |
| High | C$1,725.10 | ¥179,927.93 |
| Low | C$1,714.10 | ¥178,780.63 |
| Close | C$1,714.10 | ¥178,780.63 |