HomeHistoryJPYMay 24, 2022

GOLD PRICE IN JAPANESE YEN — MAY 24, 2022

💱 XAU/JPY · Tuesday, May 24, 2022

¥248,747.16 JPY/oz
rose +0.74%

On Tuesday, May 24, 2022, the gold spot price was C$2,384.92 per troy ounce in Canadian Dollars, equivalent to ¥248,747.16 JPY per ounce or ¥7,997.40 JPY per gram. Gold rose +0.74% 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 24, 2022

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,384.92C$76.68C$76,676.85
JPY¥248,747.16¥7,997.40¥7,997,395.19

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,368.81¥247,066.88
HighC$2,387.35¥249,000.60
LowC$2,368.81¥247,066.88
CloseC$2,384.92¥248,747.16

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