HomeHistoryJPYMay 12, 2022

GOLD PRICE IN JAPANESE YEN — MAY 12, 2022

💱 XAU/JPY · Thursday, May 12, 2022

¥247,182.66 JPY/oz
fell -1.83%

On Thursday, May 12, 2022, the gold spot price was C$2,369.92 per troy ounce in Canadian Dollars, equivalent to ¥247,182.66 JPY per ounce or ¥7,947.10 JPY per gram. Gold fell -1.83% 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, 2022

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,369.92C$76.19C$76,194.59
JPY¥247,182.66¥7,947.10¥7,947,095.42

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,403.70¥250,705.91
HighC$2,406.43¥250,990.65
LowC$2,367.84¥246,965.71
CloseC$2,369.92¥247,182.66

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