GOLD PRICE IN JAPANESE YEN — MAY 24, 2012
💱 XAU/JPY · Thursday, May 24, 2012
On Thursday, May 24, 2012, the gold spot price was C$1,597.95 per troy ounce in Canadian Dollars, equivalent to ¥166,666.19 JPY per ounce or ¥5,358.44 JPY per gram. Gold rose +1.01% 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 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,597.95 | C$51.38 | C$51,375.21 |
| JPY | ¥166,666.19 | ¥5,358.44 | ¥5,358,434.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.69 | ¥166,847.67 |
| High | C$1,610.36 | ¥167,960.55 |
| Low | C$1,591.99 | ¥166,044.56 |
| Close | C$1,597.95 | ¥166,666.19 |