GOLD PRICE IN JAPANESE YEN — MAY 3, 2021
💱 XAU/JPY · Monday, May 3, 2021
On Monday, May 3, 2021, the gold spot price was C$2,199.68 per troy ounce in Canadian Dollars, equivalent to ¥229,426.62 JPY per ounce or ¥7,376.23 JPY per gram. Gold rose +1.39% 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 3, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,199.68 | C$70.72 | C$70,721.25 |
| JPY | ¥229,426.62 | ¥7,376.23 | ¥7,376,226.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,196.12 | ¥229,055.32 |
| High | C$2,201.64 | ¥229,631.05 |
| Low | C$2,196.12 | ¥229,055.32 |
| Close | C$2,199.68 | ¥229,426.62 |