GOLD PRICE IN JAPANESE YEN — NOVEMBER 6, 2012
💱 XAU/JPY · Tuesday, November 6, 2012
On Tuesday, November 6, 2012, the gold spot price was C$1,706.73 per troy ounce in Canadian Dollars, equivalent to ¥178,011.94 JPY per ounce or ¥5,723.21 JPY per gram. Gold rose +1.91% 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 6, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.73 | C$54.87 | C$54,872.56 |
| JPY | ¥178,011.94 | ¥5,723.21 | ¥5,723,208.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,682.83 | ¥175,519.17 |
| High | C$1,710.61 | ¥178,416.62 |
| Low | C$1,682.83 | ¥175,519.17 |
| Close | C$1,706.73 | ¥178,011.94 |