GOLD PRICE IN JAPANESE YEN — MAY 14, 2020
💱 XAU/JPY · Thursday, May 14, 2020
On Thursday, May 14, 2020, the gold spot price was C$2,448.81 per troy ounce in Canadian Dollars, equivalent to ¥255,410.88 JPY per ounce or ¥8,211.64 JPY per gram. Gold rose +1.47% 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 14, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,448.81 | C$78.73 | C$78,730.96 |
| JPY | ¥255,410.88 | ¥8,211.64 | ¥8,211,638.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,429.37 | ¥253,383.29 |
| High | C$2,455.85 | ¥256,145.15 |
| Low | C$2,424.01 | ¥252,824.24 |
| Close | C$2,448.81 | ¥255,410.88 |