GOLD PRICE IN JAPANESE YEN — MAY 31, 2019
💱 XAU/JPY · Friday, May 31, 2019
On Friday, May 31, 2019, the gold spot price was C$1,766.08 per troy ounce in Canadian Dollars, equivalent to ¥184,202.14 JPY per ounce or ¥5,922.23 JPY per gram. Gold rose +1.55% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,766.08 | C$56.78 | C$56,780.71 |
| JPY | ¥184,202.14 | ¥5,922.23 | ¥5,922,227.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,741.60 | ¥181,648.88 |
| High | C$1,766.89 | ¥184,286.63 |
| Low | C$1,741.33 | ¥181,620.72 |
| Close | C$1,766.08 | ¥184,202.14 |