GOLD PRICE IN JAPANESE YEN — MAY 31, 2011
💱 XAU/JPY · Tuesday, May 31, 2011
On Tuesday, May 31, 2011, the gold spot price was C$1,500.05 per troy ounce in Canadian Dollars, equivalent to ¥156,455.22 JPY per ounce or ¥5,030.15 JPY per gram. Gold fell -0.28% 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 31, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,500.05 | C$48.23 | C$48,227.66 |
| JPY | ¥156,455.22 | ¥5,030.15 | ¥5,030,144.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,500.83 | ¥156,536.57 |
| High | C$1,505.13 | ¥156,985.06 |
| Low | C$1,496.63 | ¥156,098.51 |
| Close | C$1,500.05 | ¥156,455.22 |