GOLD PRICE IN JAPANESE YEN — MAY 5, 2011
💱 XAU/JPY · Thursday, May 5, 2011
On Thursday, May 5, 2011, the gold spot price was C$1,418.70 per troy ounce in Canadian Dollars, equivalent to ¥147,970.41 JPY per ounce or ¥4,757.36 JPY per gram. Gold fell -1.68% 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 5, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,418.70 | C$45.61 | C$45,612.20 |
| JPY | ¥147,970.41 | ¥4,757.36 | ¥4,757,352.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,451.08 | ¥151,347.64 |
| High | C$1,456.83 | ¥151,947.37 |
| Low | C$1,409.22 | ¥146,981.65 |
| Close | C$1,418.70 | ¥147,970.41 |