GOLD PRICE IN JAPANESE YEN — MAY 9, 2022
💱 XAU/JPY · Monday, May 9, 2022
On Monday, May 9, 2022, the gold spot price was C$2,399.04 per troy ounce in Canadian Dollars, equivalent to ¥250,219.87 JPY per ounce or ¥8,044.75 JPY per gram. Gold fell -0.58% 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 9, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,399.04 | C$77.13 | C$77,130.82 |
| JPY | ¥250,219.87 | ¥8,044.75 | ¥8,044,744.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,411.31 | ¥251,499.63 |
| High | C$2,412.47 | ¥251,620.62 |
| Low | C$2,395.03 | ¥249,801.63 |
| Close | C$2,399.04 | ¥250,219.87 |