GOLD PRICE IN JAPANESE YEN — DECEMBER 28, 2012
💱 XAU/JPY · Friday, December 28, 2012
On Friday, December 28, 2012, the gold spot price was C$1,646.13 per troy ounce in Canadian Dollars, equivalent to ¥171,691.36 JPY per ounce or ¥5,520.00 JPY per gram. Gold fell -0.37% 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 28, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.13 | C$52.92 | C$52,924.23 |
| JPY | ¥171,691.36 | ¥5,520.00 | ¥5,519,997.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,655.18 | ¥172,635.27 |
| High | C$1,655.18 | ¥172,635.27 |
| Low | C$1,644.94 | ¥171,567.24 |
| Close | C$1,646.13 | ¥171,691.36 |