GOLD PRICE IN JAPANESE YEN — APRIL 21, 2022

On Thursday, April 21, 2022, the gold spot price was C$2,428.44 per troy ounce in Canadian Dollars, equivalent to ¥253,286.29 JPY per ounce or ¥8,143.34 JPY per gram. Gold fell -1.31% 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.