GOLD PRICE IN JAPANESE YEN — MAY 28, 2020
💱 XAU/JPY · Thursday, May 28, 2020
On Thursday, May 28, 2020, the gold spot price was C$2,356.61 per troy ounce in Canadian Dollars, equivalent to ¥245,794.42 JPY per ounce or ¥7,902.47 JPY per gram. Gold fell -0.03% 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 28, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,356.61 | C$75.77 | C$75,766.66 |
| JPY | ¥245,794.42 | ¥7,902.47 | ¥7,902,462.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,351.11 | ¥245,220.77 |
| High | C$2,376.55 | ¥247,874.17 |
| Low | C$2,345.19 | ¥244,603.32 |
| Close | C$2,356.61 | ¥245,794.42 |