GOLD PRICE IN JAPANESE YEN — MAY 15, 2024
💱 XAU/JPY · Wednesday, May 15, 2024
On Wednesday, May 15, 2024, the gold spot price was C$3,261.24 per troy ounce in Canadian Dollars, equivalent to ¥340,147.33 JPY per ounce or ¥10,935.98 JPY per gram. Gold rose +1.40% 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 15, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,261.24 | C$104.85 | C$104,851.15 |
| JPY | ¥340,147.33 | ¥10,935.98 | ¥10,935,974.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,224.25 | ¥336,289.27 |
| High | C$3,261.24 | ¥340,147.33 |
| Low | C$3,216.60 | ¥335,491.38 |
| Close | C$3,261.24 | ¥340,147.33 |