GOLD PRICE IN JAPANESE YEN — MAY 1, 2012
💱 XAU/JPY · Tuesday, May 1, 2012
On Tuesday, May 1, 2012, the gold spot price was C$1,641.41 per troy ounce in Canadian Dollars, equivalent to ¥171,199.06 JPY per ounce or ¥5,504.17 JPY per gram. Gold rose +0.60% 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 1, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,641.41 | C$52.77 | C$52,772.48 |
| JPY | ¥171,199.06 | ¥5,504.17 | ¥5,504,169.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,644.67 | ¥171,539.08 |
| High | C$1,650.10 | ¥172,105.43 |
| Low | C$1,641.41 | ¥171,199.06 |
| Close | C$1,641.41 | ¥171,199.06 |