GOLD PRICE IN JAPANESE YEN — NOVEMBER 5, 2012
💱 XAU/JPY · Monday, November 5, 2012
On Monday, November 5, 2012, the gold spot price was C$1,674.80 per troy ounce in Canadian Dollars, equivalent to ¥174,681.64 JPY per ounce or ¥5,616.14 JPY per gram. Gold rose +0.41% 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 5, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,674.80 | C$53.85 | C$53,845.99 |
| JPY | ¥174,681.64 | ¥5,616.14 | ¥5,616,137.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,675.40 | ¥174,744.22 |
| High | C$1,675.69 | ¥174,774.47 |
| Low | C$1,666.93 | ¥173,860.80 |
| Close | C$1,674.80 | ¥174,681.64 |