GOLD PRICE IN JAPANESE YEN — MAY 24, 2011
💱 XAU/JPY · Tuesday, May 24, 2011
On Tuesday, May 24, 2011, the gold spot price was C$1,488.93 per troy ounce in Canadian Dollars, equivalent to ¥155,295.40 JPY per ounce or ¥4,992.86 JPY per gram. Gold rose +0.78% 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 24, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,488.93 | C$47.87 | C$47,870.14 |
| JPY | ¥155,295.40 | ¥4,992.86 | ¥4,992,855.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,492.74 | ¥155,692.78 |
| High | C$1,492.74 | ¥155,692.78 |
| Low | C$1,487.66 | ¥155,162.94 |
| Close | C$1,488.93 | ¥155,295.40 |