GOLD PRICE IN JAPANESE YEN — MAY 2, 2011
💱 XAU/JPY · Monday, May 2, 2011
On Monday, May 2, 2011, the gold spot price was C$1,471.75 per troy ounce in Canadian Dollars, equivalent to ¥153,503.53 JPY per ounce or ¥4,935.25 JPY per gram. Gold fell -0.46% 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 2, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,471.75 | C$47.32 | C$47,317.79 |
| JPY | ¥153,503.53 | ¥4,935.25 | ¥4,935,245.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,487.07 | ¥155,101.40 |
| High | C$1,490.56 | ¥155,465.41 |
| Low | C$1,458.89 | ¥152,162.23 |
| Close | C$1,471.75 | ¥153,503.53 |