GOLD PRICE IN JAPANESE YEN — MAY 11, 2020
💱 XAU/JPY · Monday, May 11, 2020
On Monday, May 11, 2020, the gold spot price was C$2,360.55 per troy ounce in Canadian Dollars, equivalent to ¥246,205.37 JPY per ounce or ¥7,915.68 JPY per gram. Gold fell -1.18% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,360.55 | C$75.89 | C$75,893.33 |
| JPY | ¥246,205.37 | ¥7,915.68 | ¥7,915,674.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,370.30 | ¥247,222.29 |
| High | C$2,373.36 | ¥247,541.45 |
| Low | C$2,353.45 | ¥245,464.83 |
| Close | C$2,360.55 | ¥246,205.37 |