GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2012
💱 XAU/JPY · Thursday, November 8, 2012
On Thursday, November 8, 2012, the gold spot price was C$1,719.36 per troy ounce in Canadian Dollars, equivalent to ¥179,329.25 JPY per ounce or ¥5,765.56 JPY per gram. Gold rose +1.18% 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 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,719.36 | C$55.28 | C$55,278.63 |
| JPY | ¥179,329.25 | ¥5,765.56 | ¥5,765,560.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.89 | ¥178,341.53 |
| High | C$1,719.36 | ¥179,329.25 |
| Low | C$1,708.20 | ¥178,165.26 |
| Close | C$1,719.36 | ¥179,329.25 |