GOLD PRICE IN JAPANESE YEN — MAY 4, 2011
💱 XAU/JPY · Wednesday, May 4, 2011
On Wednesday, May 4, 2011, the gold spot price was C$1,442.94 per troy ounce in Canadian Dollars, equivalent to ¥150,498.64 JPY per ounce or ¥4,838.64 JPY per gram. Gold fell -1.50% 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 4, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,442.94 | C$46.39 | C$46,391.53 |
| JPY | ¥150,498.64 | ¥4,838.64 | ¥4,838,636.69 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,462.09 | ¥152,495.99 |
| High | C$1,465.90 | ¥152,893.37 |
| Low | C$1,434.66 | ¥149,635.04 |
| Close | C$1,442.94 | ¥150,498.64 |