GOLD PRICE IN JAPANESE YEN — NOVEMBER 2, 2012
💱 XAU/JPY · Friday, November 2, 2012
On Friday, November 2, 2012, the gold spot price was C$1,667.91 per troy ounce in Canadian Dollars, equivalent to ¥173,963.01 JPY per ounce or ¥5,593.04 JPY per gram. Gold fell -2.69% 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 2, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,667.91 | C$53.62 | C$53,624.47 |
| JPY | ¥173,963.01 | ¥5,593.04 | ¥5,593,032.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,704.97 | ¥177,828.37 |
| High | C$1,704.97 | ¥177,828.37 |
| Low | C$1,667.91 | ¥173,963.01 |
| Close | C$1,667.91 | ¥173,963.01 |