GOLD PRICE IN JAPANESE YEN — MAY 8, 2013
💱 XAU/JPY · Wednesday, May 8, 2013
On Wednesday, May 8, 2013, the gold spot price was C$1,481.27 per troy ounce in Canadian Dollars, equivalent to ¥154,496.46 JPY per ounce or ¥4,967.17 JPY per gram. Gold rose +1.55% 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 8, 2013
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,481.27 | C$47.62 | C$47,623.87 |
| JPY | ¥154,496.46 | ¥4,967.17 | ¥4,967,169.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,462.78 | ¥152,567.95 |
| High | C$1,482.07 | ¥154,579.90 |
| Low | C$1,457.95 | ¥152,064.19 |
| Close | C$1,481.27 | ¥154,496.46 |