GOLD PRICE IN JAPANESE YEN — JUNE 7, 2012
💱 XAU/JPY · Thursday, June 7, 2012
On Thursday, June 7, 2012, the gold spot price was C$1,631.82 per troy ounce in Canadian Dollars, equivalent to ¥170,198.83 JPY per ounce or ¥5,472.02 JPY per gram. Gold fell -3.61% 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 7, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,631.82 | C$52.46 | C$52,464.16 |
| JPY | ¥170,198.83 | ¥5,472.02 | ¥5,472,011.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,668.84 | ¥174,060.01 |
| High | C$1,673.58 | ¥174,554.39 |
| Low | C$1,626.98 | ¥169,694.01 |
| Close | C$1,631.82 | ¥170,198.83 |