GOLD PRICE IN JAPANESE YEN — MAY 11, 2023
💱 XAU/JPY · Thursday, May 11, 2023
On Thursday, May 11, 2023, the gold spot price was C$2,694.08 per troy ounce in Canadian Dollars, equivalent to ¥280,992.54 JPY per ounce or ¥9,034.11 JPY per gram. Gold fell -0.80% 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 11, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,694.08 | C$86.62 | C$86,616.56 |
| JPY | ¥280,992.54 | ¥9,034.11 | ¥9,034,106.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,720.02 | ¥283,698.09 |
| High | C$2,725.64 | ¥284,284.25 |
| Low | C$2,693.14 | ¥280,894.50 |
| Close | C$2,694.08 | ¥280,992.54 |