GOLD PRICE IN JAPANESE YEN — MAY 3, 2012
💱 XAU/JPY · Thursday, May 3, 2012
On Thursday, May 3, 2012, the gold spot price was C$1,612.30 per troy ounce in Canadian Dollars, equivalent to ¥168,162.89 JPY per ounce or ¥5,406.56 JPY per gram. Gold fell -1.05% 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 3, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,612.30 | C$51.84 | C$51,836.57 |
| JPY | ¥168,162.89 | ¥5,406.56 | ¥5,406,554.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,629.07 | ¥169,912.00 |
| High | C$1,630.06 | ¥170,015.26 |
| Low | C$1,609.44 | ¥167,864.59 |
| Close | C$1,612.30 | ¥168,162.89 |