GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2012
💱 XAU/JPY · Wednesday, November 7, 2012
On Wednesday, November 7, 2012, the gold spot price was C$1,699.32 per troy ounce in Canadian Dollars, equivalent to ¥177,239.08 JPY per ounce or ¥5,698.36 JPY per gram. Gold fell -0.43% 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 7, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,699.32 | C$54.63 | C$54,634.33 |
| JPY | ¥177,239.08 | ¥5,698.36 | ¥5,698,360.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,693.87 | ¥176,670.64 |
| High | C$1,712.52 | ¥178,615.84 |
| Low | C$1,689.90 | ¥176,256.57 |
| Close | C$1,699.32 | ¥177,239.08 |