GOLD PRICE IN JAPANESE YEN — MAY 27, 2011
💱 XAU/JPY · Friday, May 27, 2011
On Friday, May 27, 2011, the gold spot price was C$1,504.19 per troy ounce in Canadian Dollars, equivalent to ¥156,887.02 JPY per ounce or ¥5,044.03 JPY per gram. Gold rose +1.06% 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 27, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,504.19 | C$48.36 | C$48,360.76 |
| JPY | ¥156,887.02 | ¥5,044.03 | ¥5,044,027.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,487.64 | ¥155,160.85 |
| High | C$1,506.35 | ¥157,112.31 |
| Low | C$1,486.67 | ¥155,059.68 |
| Close | C$1,504.19 | ¥156,887.02 |