GOLD PRICE IN JAPANESE YEN — MAY 6, 2011
💱 XAU/JPY · Friday, May 6, 2011
On Friday, May 6, 2011, the gold spot price was C$1,440.59 per troy ounce in Canadian Dollars, equivalent to ¥150,253.54 JPY per ounce or ¥4,830.76 JPY per gram. Gold rose +1.54% 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 6, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,440.59 | C$46.32 | C$46,315.98 |
| JPY | ¥150,253.54 | ¥4,830.76 | ¥4,830,756.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,423.20 | ¥148,439.76 |
| High | C$1,444.07 | ¥150,616.50 |
| Low | C$1,422.33 | ¥148,349.02 |
| Close | C$1,440.59 | ¥150,253.54 |