GOLD PRICE IN JAPANESE YEN — MAY 18, 2022
💱 XAU/JPY · Wednesday, May 18, 2022
On Wednesday, May 18, 2022, the gold spot price was C$2,325.82 per troy ounce in Canadian Dollars, equivalent to ¥242,583.03 JPY per ounce or ¥7,799.22 JPY per gram. Gold fell -0.45% 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 18, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,325.82 | C$74.78 | C$74,776.74 |
| JPY | ¥242,583.03 | ¥7,799.22 | ¥7,799,214.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,324.67 | ¥242,463.08 |
| High | C$2,330.69 | ¥243,090.97 |
| Low | C$2,311.86 | ¥241,127.00 |
| Close | C$2,325.82 | ¥242,583.03 |