GOLD PRICE IN JAPANESE YEN — MAY 20, 2024
💱 XAU/JPY · Monday, May 20, 2024
On Monday, May 20, 2024, the gold spot price was C$3,312.03 per troy ounce in Canadian Dollars, equivalent to ¥345,444.73 JPY per ounce or ¥11,106.30 JPY per gram. Gold rose +0.85% 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 20, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,312.03 | C$106.48 | C$106,484.08 |
| JPY | ¥345,444.73 | ¥11,106.30 | ¥11,106,289.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,287.40 | ¥342,875.82 |
| High | C$3,314.61 | ¥345,713.82 |
| Low | C$3,279.10 | ¥342,010.13 |
| Close | C$3,312.03 | ¥345,444.73 |