GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2012
💱 XAU/JPY · Friday, November 16, 2012
On Friday, November 16, 2012, the gold spot price was C$1,715.45 per troy ounce in Canadian Dollars, equivalent to ¥178,921.44 JPY per ounce or ¥5,752.45 JPY per gram. Gold fell -0.26% 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 16, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,715.45 | C$55.15 | C$55,152.92 |
| JPY | ¥178,921.44 | ¥5,752.45 | ¥5,752,449.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,711.15 | ¥178,472.95 |
| High | C$1,715.45 | ¥178,921.44 |
| Low | C$1,708.04 | ¥178,148.57 |
| Close | C$1,715.45 | ¥178,921.44 |