GOLD PRICE IN JAPANESE YEN — JULY 12, 2012
💱 XAU/JPY · Thursday, July 12, 2012
On Thursday, July 12, 2012, the gold spot price was C$1,594.79 per troy ounce in Canadian Dollars, equivalent to ¥166,336.60 JPY per ounce or ¥5,347.84 JPY per gram. Gold fell -0.97% 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 — JULY 12, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,594.79 | C$51.27 | C$51,273.61 |
| JPY | ¥166,336.60 | ¥5,347.84 | ¥5,347,838.03 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.27 | ¥166,803.86 |
| High | C$1,604.78 | ¥167,378.55 |
| Low | C$1,586.94 | ¥165,517.84 |
| Close | C$1,594.79 | ¥166,336.60 |