GOLD PRICE IN JAPANESE YEN — MAY 23, 2012
💱 XAU/JPY · Wednesday, May 23, 2012
On Wednesday, May 23, 2012, the gold spot price was C$1,582.00 per troy ounce in Canadian Dollars, equivalent to ¥165,002.60 JPY per ounce or ¥5,304.95 JPY per gram. Gold fell -1.36% 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 23, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,582.00 | C$50.86 | C$50,862.41 |
| JPY | ¥165,002.60 | ¥5,304.95 | ¥5,304,949.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,571.89 | ¥163,948.13 |
| High | C$1,582.00 | ¥165,002.60 |
| Low | C$1,568.00 | ¥163,542.40 |
| Close | C$1,582.00 | ¥165,002.60 |