GOLD PRICE IN JAPANESE YEN — JUNE 3, 2011
💱 XAU/JPY · Friday, June 3, 2011
On Friday, June 3, 2011, the gold spot price was C$1,503.16 per troy ounce in Canadian Dollars, equivalent to ¥156,779.59 JPY per ounce or ¥5,040.58 JPY per gram. Gold rose +0.45% 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 3, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,503.16 | C$48.33 | C$48,327.65 |
| JPY | ¥156,779.59 | ¥5,040.58 | ¥5,040,573.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,496.33 | ¥156,067.22 |
| High | C$1,507.64 | ¥157,246.85 |
| Low | C$1,486.88 | ¥155,081.58 |
| Close | C$1,503.16 | ¥156,779.59 |