GOLD PRICE IN JAPANESE YEN — MAY 3, 2024
💱 XAU/JPY · Friday, May 3, 2024
On Friday, May 3, 2024, the gold spot price was C$3,141.86 per troy ounce in Canadian Dollars, equivalent to ¥327,696.00 JPY per ounce or ¥10,535.66 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 3, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,141.86 | C$101.01 | C$101,013.00 |
| JPY | ¥327,696.00 | ¥10,535.66 | ¥10,535,655.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,143.23 | ¥327,838.89 |
| High | C$3,144.59 | ¥327,980.74 |
| Low | C$3,112.61 | ¥324,645.22 |
| Close | C$3,141.86 | ¥327,696.00 |