GOLD PRICE IN JAPANESE YEN — MAY 22, 2024
💱 XAU/JPY · Wednesday, May 22, 2024
On Wednesday, May 22, 2024, the gold spot price was C$3,258.94 per troy ounce in Canadian Dollars, equivalent to ¥339,907.44 JPY per ounce or ¥10,928.27 JPY per gram. Gold fell -1.20% 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 22, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,258.94 | C$104.78 | C$104,777.20 |
| JPY | ¥339,907.44 | ¥10,928.27 | ¥10,928,262.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,297.54 | ¥343,933.42 |
| High | C$3,297.68 | ¥343,948.02 |
| Low | C$3,240.66 | ¥338,000.84 |
| Close | C$3,258.94 | ¥339,907.44 |