GOLD PRICE IN JAPANESE YEN — MAY 2, 2012
💱 XAU/JPY · Wednesday, May 2, 2012
On Wednesday, May 2, 2012, the gold spot price was C$1,629.43 per troy ounce in Canadian Dollars, equivalent to ¥169,949.55 JPY per ounce or ¥5,464.00 JPY per gram. Gold fell -0.73% 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 2, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,629.43 | C$52.39 | C$52,387.32 |
| JPY | ¥169,949.55 | ¥5,464.00 | ¥5,463,996.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,635.14 | ¥170,545.10 |
| High | C$1,635.14 | ¥170,545.10 |
| Low | C$1,624.40 | ¥169,424.92 |
| Close | C$1,629.43 | ¥169,949.55 |