GOLD PRICE IN JAPANESE YEN — MAY 31, 2022
💱 XAU/JPY · Tuesday, May 31, 2022
On Tuesday, May 31, 2022, the gold spot price was C$2,331.97 per troy ounce in Canadian Dollars, equivalent to ¥243,224.47 JPY per ounce or ¥7,819.84 JPY per gram. Gold fell -1.38% 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 31, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,331.97 | C$74.97 | C$74,974.47 |
| JPY | ¥243,224.47 | ¥7,819.84 | ¥7,819,837.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,341.59 | ¥244,227.84 |
| High | C$2,356.52 | ¥245,785.04 |
| Low | C$2,319.45 | ¥241,918.63 |
| Close | C$2,331.97 | ¥243,224.47 |