HomeHistoryJPYMay 28, 2024

GOLD PRICE IN JAPANESE YEN — MAY 28, 2024

💱 XAU/JPY · Tuesday, May 28, 2024

¥334,790.48 JPY/oz
rose +0.21%

On Tuesday, May 28, 2024, the gold spot price was C$3,209.88 per troy ounce in Canadian Dollars, equivalent to ¥334,790.48 JPY per ounce or ¥10,763.76 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 28, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$3,209.88C$103.20C$103,199.89
JPY¥334,790.48¥10,763.76¥10,763,748.41

SPOT OHLC (CAD)

MetricCADJPY
OpenC$3,184.94¥332,189.24
HighC$3,216.01¥335,429.84
LowC$3,184.94¥332,189.24
CloseC$3,209.88¥334,790.48

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