GOLD PRICE IN JAPANESE YEN — MAY 16, 2022
💱 XAU/JPY · Monday, May 16, 2022
On Monday, May 16, 2022, the gold spot price was C$2,340.68 per troy ounce in Canadian Dollars, equivalent to ¥244,132.92 JPY per ounce or ¥7,849.05 JPY per gram. Gold fell -0.56% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,340.68 | C$75.25 | C$75,254.50 |
| JPY | ¥244,132.92 | ¥7,849.05 | ¥7,849,044.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,311.00 | ¥241,037.30 |
| High | C$2,340.68 | ¥244,132.92 |
| Low | C$2,306.48 | ¥240,565.86 |
| Close | C$2,340.68 | ¥244,132.92 |