GOLD PRICE IN JAPANESE YEN — MAY 12, 2011
💱 XAU/JPY · Thursday, May 12, 2011
On Thursday, May 12, 2011, the gold spot price was C$1,446.19 per troy ounce in Canadian Dollars, equivalent to ¥150,837.62 JPY per ounce or ¥4,849.54 JPY per gram. Gold rose +0.72% 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 — MAY 12, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,446.19 | C$46.50 | C$46,496.02 |
| JPY | ¥150,837.62 | ¥4,849.54 | ¥4,849,534.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,432.27 | ¥149,385.76 |
| High | C$1,438.41 | ¥150,026.16 |
| Low | C$1,425.26 | ¥148,654.62 |
| Close | C$1,446.19 | ¥150,837.62 |