GOLD PRICE IN JAPANESE YEN — MAY 12, 2016
💱 XAU/JPY · Thursday, May 12, 2016
On Thursday, May 12, 2016, the gold spot price was C$1,633.61 per troy ounce in Canadian Dollars, equivalent to ¥170,385.52 JPY per ounce or ¥5,478.02 JPY per gram. Gold fell -0.77% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.61 | C$52.52 | C$52,521.71 |
| JPY | ¥170,385.52 | ¥5,478.02 | ¥5,478,013.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,629.36 | ¥169,942.25 |
| High | C$1,647.62 | ¥171,846.77 |
| Low | C$1,625.50 | ¥169,539.65 |
| Close | C$1,633.61 | ¥170,385.52 |