GOLD PRICE IN JAPANESE YEN — MAY 31, 2012
💱 XAU/JPY · Thursday, May 31, 2012
On Thursday, May 31, 2012, the gold spot price was C$1,609.63 per troy ounce in Canadian Dollars, equivalent to ¥167,884.41 JPY per ounce or ¥5,397.61 JPY per gram. Gold rose +0.56% 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 31, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,609.63 | C$51.75 | C$51,750.73 |
| JPY | ¥167,884.41 | ¥5,397.61 | ¥5,397,601.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,609.74 | ¥167,895.88 |
| High | C$1,619.94 | ¥168,959.74 |
| Low | C$1,598.51 | ¥166,724.59 |
| Close | C$1,609.63 | ¥167,884.41 |