GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2012
💱 XAU/JPY · Wednesday, December 12, 2012
On Wednesday, December 12, 2012, the gold spot price was C$1,692.57 per troy ounce in Canadian Dollars, equivalent to ¥176,535.05 JPY per ounce or ¥5,675.73 JPY per gram. Gold rose +0.45% 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 12, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,692.57 | C$54.42 | C$54,417.31 |
| JPY | ¥176,535.05 | ¥5,675.73 | ¥5,675,725.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,686.16 | ¥175,866.49 |
| High | C$1,698.19 | ¥177,121.22 |
| Low | C$1,684.09 | ¥175,650.59 |
| Close | C$1,692.57 | ¥176,535.05 |