GOLD PRICE IN JAPANESE YEN — MAY 2, 2022
💱 XAU/JPY · Monday, May 2, 2022
On Monday, May 2, 2022, the gold spot price was C$2,392.97 per troy ounce in Canadian Dollars, equivalent to ¥249,586.77 JPY per ounce or ¥8,024.40 JPY per gram. Gold fell -2.12% 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 2, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,392.97 | C$76.94 | C$76,935.66 |
| JPY | ¥249,586.77 | ¥8,024.40 | ¥8,024,389.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,437.83 | ¥254,265.67 |
| High | C$2,437.96 | ¥254,279.23 |
| Low | C$2,381.66 | ¥248,407.14 |
| Close | C$2,392.97 | ¥249,586.77 |