GOLD PRICE IN JAPANESE YEN — MAY 4, 2020
💱 XAU/JPY · Monday, May 4, 2020
On Monday, May 4, 2020, the gold spot price was C$2,412.70 per troy ounce in Canadian Dollars, equivalent to ¥251,644.61 JPY per ounce or ¥8,090.56 JPY per gram. Gold rose +2.05% 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 4, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,412.70 | C$77.57 | C$77,569.99 |
| JPY | ¥251,644.61 | ¥8,090.56 | ¥8,090,550.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,406.62 | ¥251,010.47 |
| High | C$2,415.67 | ¥251,954.38 |
| Low | C$2,402.38 | ¥250,568.23 |
| Close | C$2,412.70 | ¥251,644.61 |