GOLD PRICE IN JAPANESE YEN — MAY 20, 2011
💱 XAU/JPY · Friday, May 20, 2011
On Friday, May 20, 2011, the gold spot price was C$1,458.56 per troy ounce in Canadian Dollars, equivalent to ¥152,127.81 JPY per ounce or ¥4,891.02 JPY per gram. Gold rose +0.83% 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 20, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,458.56 | C$46.89 | C$46,893.72 |
| JPY | ¥152,127.81 | ¥4,891.02 | ¥4,891,015.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,449.08 | ¥151,139.04 |
| High | C$1,462.33 | ¥152,521.02 |
| Low | C$1,439.13 | ¥150,101.26 |
| Close | C$1,458.56 | ¥152,127.81 |