GOLD PRICE IN JAPANESE YEN — MAY 13, 2020
💱 XAU/JPY · Wednesday, May 13, 2020
On Wednesday, May 13, 2020, the gold spot price was C$2,413.33 per troy ounce in Canadian Dollars, equivalent to ¥251,710.32 JPY per ounce or ¥8,092.67 JPY per gram. Gold rose +1.01% 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 13, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,413.33 | C$77.59 | C$77,590.25 |
| JPY | ¥251,710.32 | ¥8,092.67 | ¥8,092,662.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,396.57 | ¥249,962.25 |
| High | C$2,423.75 | ¥252,797.13 |
| Low | C$2,396.43 | ¥249,947.65 |
| Close | C$2,413.33 | ¥251,710.32 |