GOLD PRICE IN JAPANESE YEN — MAY 24, 2024
💱 XAU/JPY · Friday, May 24, 2024
On Friday, May 24, 2024, the gold spot price was C$3,203.01 per troy ounce in Canadian Dollars, equivalent to ¥334,073.94 JPY per ounce or ¥10,740.72 JPY per gram. Gold rose +0.21% 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 24, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,203.01 | C$102.98 | C$102,979.01 |
| JPY | ¥334,073.94 | ¥10,740.72 | ¥10,740,711.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,216.88 | ¥335,520.58 |
| High | C$3,220.73 | ¥335,922.14 |
| Low | C$3,203.01 | ¥334,073.94 |
| Close | C$3,203.01 | ¥334,073.94 |