GOLD PRICE IN JAPANESE YEN — MAY 29, 2020
💱 XAU/JPY · Friday, May 29, 2020
On Friday, May 29, 2020, the gold spot price was C$2,392.41 per troy ounce in Canadian Dollars, equivalent to ¥249,528.36 JPY per ounce or ¥8,022.52 JPY per gram. Gold rose +1.52% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,392.41 | C$76.92 | C$76,917.66 |
| JPY | ¥249,528.36 | ¥8,022.52 | ¥8,022,511.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,367.48 | ¥246,928.16 |
| High | C$2,394.33 | ¥249,728.62 |
| Low | C$2,362.38 | ¥246,396.23 |
| Close | C$2,392.41 | ¥249,528.36 |