HomeHistoryJPYMay 11, 2021

GOLD PRICE IN JAPANESE YEN — MAY 11, 2021

💱 XAU/JPY · Tuesday, May 11, 2021

¥231,575.20 JPY/oz
fell -0.25%

On Tuesday, May 11, 2021, the gold spot price was C$2,220.28 per troy ounce in Canadian Dollars, equivalent to ¥231,575.20 JPY per ounce or ¥7,445.31 JPY per gram. Gold fell -0.25% 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 11, 2021

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,220.28C$71.38C$71,383.56
JPY¥231,575.20¥7,445.31¥7,445,304.91

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,221.85¥231,738.96
HighC$2,222.94¥231,852.64
LowC$2,215.08¥231,032.84
CloseC$2,220.28¥231,575.20

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