GOLD PRICE IN JAPANESE YEN — MAY 2, 2024
💱 XAU/JPY · Thursday, May 2, 2024
On Thursday, May 2, 2024, the gold spot price was C$3,155.19 per troy ounce in Canadian Dollars, equivalent to ¥329,086.32 JPY per ounce or ¥10,580.36 JPY per gram. Gold fell -0.42% 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 2, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,155.19 | C$101.44 | C$101,441.57 |
| JPY | ¥329,086.32 | ¥10,580.36 | ¥10,580,355.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,186.07 | ¥332,307.10 |
| High | C$3,190.19 | ¥332,736.82 |
| Low | C$3,145.72 | ¥328,098.60 |
| Close | C$3,155.19 | ¥329,086.32 |