GOLD PRICE IN JAPANESE YEN — MAY 3, 2011
💱 XAU/JPY · Tuesday, May 3, 2011
On Tuesday, May 3, 2011, the gold spot price was C$1,464.94 per troy ounce in Canadian Dollars, equivalent to ¥152,793.24 JPY per ounce or ¥4,912.41 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 3, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,464.94 | C$47.10 | C$47,098.85 |
| JPY | ¥152,793.24 | ¥4,912.41 | ¥4,912,409.69 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,467.23 | ¥153,032.09 |
| High | C$1,471.51 | ¥153,478.49 |
| Low | C$1,452.96 | ¥151,543.73 |
| Close | C$1,464.94 | ¥152,793.24 |