GOLD PRICE IN JAPANESE YEN — JUNE 1, 2012
💱 XAU/JPY · Friday, June 1, 2012
On Friday, June 1, 2012, the gold spot price was C$1,673.98 per troy ounce in Canadian Dollars, equivalent to ¥174,596.11 JPY per ounce or ¥5,613.39 JPY per gram. Gold rose +4.00% 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 — JUNE 1, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,673.98 | C$53.82 | C$53,819.63 |
| JPY | ¥174,596.11 | ¥5,613.39 | ¥5,613,387.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,611.48 | ¥168,077.36 |
| High | C$1,683.79 | ¥175,619.30 |
| Low | C$1,596.50 | ¥166,514.95 |
| Close | C$1,673.98 | ¥174,596.11 |