GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2012
💱 XAU/JPY · Friday, December 7, 2012
On Friday, December 7, 2012, the gold spot price was C$1,689.33 per troy ounce in Canadian Dollars, equivalent to ¥176,197.12 JPY per ounce or ¥5,664.86 JPY per gram. Gold rose +0.18% 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 — DECEMBER 7, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,689.33 | C$54.31 | C$54,313.14 |
| JPY | ¥176,197.12 | ¥5,664.86 | ¥5,664,860.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,686.55 | ¥175,907.16 |
| High | C$1,689.82 | ¥176,248.23 |
| Low | C$1,669.50 | ¥174,128.85 |
| Close | C$1,689.33 | ¥176,197.12 |