GOLD PRICE IN JAPANESE YEN — MAY 17, 2012
💱 XAU/JPY · Thursday, May 17, 2012
On Thursday, May 17, 2012, the gold spot price was C$1,592.92 per troy ounce in Canadian Dollars, equivalent to ¥166,141.56 JPY per ounce or ¥5,341.57 JPY per gram. Gold rose +2.98% 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 17, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.92 | C$51.21 | C$51,213.49 |
| JPY | ¥166,141.56 | ¥5,341.57 | ¥5,341,567.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,565.00 | ¥163,229.50 |
| High | C$1,597.47 | ¥166,616.12 |
| Low | C$1,565.00 | ¥163,229.50 |
| Close | C$1,592.92 | ¥166,141.56 |