GOLD PRICE IN JAPANESE YEN — MAY 11, 2012
💱 XAU/JPY · Friday, May 11, 2012
On Friday, May 11, 2012, the gold spot price was C$1,588.19 per troy ounce in Canadian Dollars, equivalent to ¥165,648.22 JPY per ounce or ¥5,325.71 JPY per gram. Gold fell -0.62% 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 11, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,588.19 | C$51.06 | C$51,061.42 |
| JPY | ¥165,648.22 | ¥5,325.71 | ¥5,325,706.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.70 | ¥165,910.01 |
| High | C$1,594.21 | ¥166,276.10 |
| Low | C$1,588.19 | ¥165,648.22 |
| Close | C$1,588.19 | ¥165,648.22 |