GOLD PRICE IN JAPANESE YEN — MAY 23, 2024
💱 XAU/JPY · Thursday, May 23, 2024
On Thursday, May 23, 2024, the gold spot price was C$3,196.38 per troy ounce in Canadian Dollars, equivalent to ¥333,382.43 JPY per ounce or ¥10,718.49 JPY per gram. Gold fell -1.92% 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 23, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,196.38 | C$102.77 | C$102,765.85 |
| JPY | ¥333,382.43 | ¥10,718.49 | ¥10,718,478.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,245.94 | ¥338,551.54 |
| High | C$3,245.94 | ¥338,551.54 |
| Low | C$3,196.38 | ¥333,382.43 |
| Close | C$3,196.38 | ¥333,382.43 |