GOLD PRICE IN JAPANESE YEN — JUNE 8, 2012
💱 XAU/JPY · Friday, June 8, 2012
On Friday, June 8, 2012, the gold spot price was C$1,633.35 per troy ounce in Canadian Dollars, equivalent to ¥170,358.41 JPY per ounce or ¥5,477.15 JPY per gram. Gold rose +0.09% 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 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.35 | C$52.51 | C$52,513.35 |
| JPY | ¥170,358.41 | ¥5,477.15 | ¥5,477,141.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,633.15 | ¥170,337.55 |
| High | C$1,637.25 | ¥170,765.18 |
| Low | C$1,609.11 | ¥167,830.17 |
| Close | C$1,633.35 | ¥170,358.41 |