GOLD PRICE IN JAPANESE YEN — MAY 21, 2012
💱 XAU/JPY · Monday, May 21, 2012
On Monday, May 21, 2012, the gold spot price was C$1,622.07 per troy ounce in Canadian Dollars, equivalent to ¥169,181.90 JPY per ounce or ¥5,439.32 JPY per gram. Gold rose +0.04% 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 21, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,622.07 | C$52.15 | C$52,150.69 |
| JPY | ¥169,181.90 | ¥5,439.32 | ¥5,439,316.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.65 | ¥169,555.30 |
| High | C$1,627.89 | ¥169,788.93 |
| Low | C$1,622.07 | ¥169,181.90 |
| Close | C$1,622.07 | ¥169,181.90 |