GOLD PRICE IN JAPANESE YEN — MAY 23, 2011
💱 XAU/JPY · Monday, May 23, 2011
On Monday, May 23, 2011, the gold spot price was C$1,477.42 per troy ounce in Canadian Dollars, equivalent to ¥154,094.91 JPY per ounce or ¥4,954.26 JPY per gram. Gold rose +1.29% 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 23, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,477.42 | C$47.50 | C$47,500.09 |
| JPY | ¥154,094.91 | ¥4,954.26 | ¥4,954,259.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,472.74 | ¥153,606.78 |
| High | C$1,474.49 | ¥153,789.31 |
| Low | C$1,469.33 | ¥153,251.12 |
| Close | C$1,477.42 | ¥154,094.91 |