GOLD PRICE IN JAPANESE YEN — JUNE 1, 2011
💱 XAU/JPY · Wednesday, June 1, 2011
On Wednesday, June 1, 2011, the gold spot price was C$1,492.12 per troy ounce in Canadian Dollars, equivalent to ¥155,628.12 JPY per ounce or ¥5,003.56 JPY per gram. Gold fell -0.53% 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 — JUNE 1, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,492.12 | C$47.97 | C$47,972.70 |
| JPY | ¥155,628.12 | ¥5,003.56 | ¥5,003,552.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,485.64 | ¥154,952.25 |
| High | C$1,500.05 | ¥156,455.22 |
| Low | C$1,479.83 | ¥154,346.27 |
| Close | C$1,492.12 | ¥155,628.12 |