GOLD PRICE IN JAPANESE YEN — MAY 1, 2024
💱 XAU/JPY · Wednesday, May 1, 2024
On Wednesday, May 1, 2024, the gold spot price was C$3,168.57 per troy ounce in Canadian Dollars, equivalent to ¥330,481.85 JPY per ounce or ¥10,625.23 JPY per gram. Gold rose +1.18% 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 1, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,168.57 | C$101.87 | C$101,871.74 |
| JPY | ¥330,481.85 | ¥10,625.23 | ¥10,625,222.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,151.76 | ¥328,728.57 |
| High | C$3,206.32 | ¥334,419.18 |
| Low | C$3,146.39 | ¥328,168.48 |
| Close | C$3,168.57 | ¥330,481.85 |