GOLD PRICE IN JAPANESE YEN — MAY 5, 2020
💱 XAU/JPY · Tuesday, May 5, 2020
On Tuesday, May 5, 2020, the gold spot price was C$2,400.43 per troy ounce in Canadian Dollars, equivalent to ¥250,364.85 JPY per ounce or ¥8,049.41 JPY per gram. Gold fell -0.51% 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 5, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,400.43 | C$77.18 | C$77,175.50 |
| JPY | ¥250,364.85 | ¥8,049.41 | ¥8,049,405.15 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,396.34 | ¥249,938.26 |
| High | C$2,400.43 | ¥250,364.85 |
| Low | C$2,390.29 | ¥249,307.25 |
| Close | C$2,400.43 | ¥250,364.85 |