GOLD PRICE IN JAPANESE YEN — JUNE 1, 2022
💱 XAU/JPY · Wednesday, June 1, 2022
On Wednesday, June 1, 2022, the gold spot price was C$2,329.75 per troy ounce in Canadian Dollars, equivalent to ¥242,992.93 JPY per ounce or ¥7,812.40 JPY per gram. Gold fell -0.10% 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 — JUNE 1, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,329.75 | C$74.90 | C$74,903.09 |
| JPY | ¥242,992.93 | ¥7,812.40 | ¥7,812,392.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,314.20 | ¥241,371.06 |
| High | C$2,335.56 | ¥243,598.91 |
| Low | C$2,307.00 | ¥240,620.10 |
| Close | C$2,329.75 | ¥242,992.93 |