GOLD PRICE IN JAPANESE YEN — MAY 6, 2022
💱 XAU/JPY · Friday, May 6, 2022
On Friday, May 6, 2022, the gold spot price was C$2,413.02 per troy ounce in Canadian Dollars, equivalent to ¥251,677.99 JPY per ounce or ¥8,091.63 JPY per gram. Gold rose +1.09% 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 6, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,413.02 | C$77.58 | C$77,580.28 |
| JPY | ¥251,677.99 | ¥8,091.63 | ¥8,091,623.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,404.68 | ¥250,808.12 |
| High | C$2,424.69 | ¥252,895.17 |
| Low | C$2,400.57 | ¥250,379.45 |
| Close | C$2,413.02 | ¥251,677.99 |