GOLD PRICE IN JAPANESE YEN — MAY 9, 2012
💱 XAU/JPY · Wednesday, May 9, 2012
On Wednesday, May 9, 2012, the gold spot price was C$1,592.90 per troy ounce in Canadian Dollars, equivalent to ¥166,139.47 JPY per ounce or ¥5,341.50 JPY per gram. Gold rose +0.08% 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 9, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.90 | C$51.21 | C$51,212.85 |
| JPY | ¥166,139.47 | ¥5,341.50 | ¥5,341,500.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,594.50 | ¥166,306.35 |
| High | C$1,594.50 | ¥166,306.35 |
| Low | C$1,585.51 | ¥165,368.69 |
| Close | C$1,592.90 | ¥166,139.47 |