GOLD PRICE IN JAPANESE YEN — MAY 18, 2020
💱 XAU/JPY · Monday, May 18, 2020
On Monday, May 18, 2020, the gold spot price was C$2,440.28 per troy ounce in Canadian Dollars, equivalent to ¥254,521.20 JPY per ounce or ¥8,183.04 JPY per gram. Gold fell -0.82% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,440.28 | C$78.46 | C$78,456.71 |
| JPY | ¥254,521.20 | ¥8,183.04 | ¥8,183,034.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,473.96 | ¥258,034.03 |
| High | C$2,494.81 | ¥260,208.68 |
| Low | C$2,440.28 | ¥254,521.20 |
| Close | C$2,440.28 | ¥254,521.20 |