GOLD PRICE IN JAPANESE YEN — MAY 22, 2012
💱 XAU/JPY · Tuesday, May 22, 2012
On Tuesday, May 22, 2012, the gold spot price was C$1,603.89 per troy ounce in Canadian Dollars, equivalent to ¥167,285.73 JPY per ounce or ¥5,378.36 JPY per gram. Gold fell -1.12% 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 22, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,603.89 | C$51.57 | C$51,566.19 |
| JPY | ¥167,285.73 | ¥5,378.36 | ¥5,378,353.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,603.27 | ¥167,221.06 |
| High | C$1,605.72 | ¥167,476.60 |
| Low | C$1,595.85 | ¥166,447.16 |
| Close | C$1,603.89 | ¥167,285.73 |