GOLD PRICE IN JAPANESE YEN — MAY 30, 2012
💱 XAU/JPY · Wednesday, May 30, 2012
On Wednesday, May 30, 2012, the gold spot price was C$1,600.61 per troy ounce in Canadian Dollars, equivalent to ¥166,943.62 JPY per ounce or ¥5,367.36 JPY per gram. Gold rose +0.80% 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 30, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,600.61 | C$51.46 | C$51,460.73 |
| JPY | ¥166,943.62 | ¥5,367.36 | ¥5,367,354.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.88 | ¥165,928.78 |
| High | C$1,606.34 | ¥167,541.26 |
| Low | C$1,566.82 | ¥163,419.33 |
| Close | C$1,600.61 | ¥166,943.62 |