GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2012
💱 XAU/JPY · Friday, November 9, 2012
On Friday, November 9, 2012, the gold spot price was C$1,730.63 per troy ounce in Canadian Dollars, equivalent to ¥180,504.71 JPY per ounce or ¥5,803.36 JPY per gram. Gold rose +0.66% 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 9, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,730.63 | C$55.64 | C$55,640.97 |
| JPY | ¥180,504.71 | ¥5,803.36 | ¥5,803,352.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,734.03 | ¥180,859.33 |
| High | C$1,734.43 | ¥180,901.05 |
| Low | C$1,727.93 | ¥180,223.10 |
| Close | C$1,730.63 | ¥180,504.71 |