GOLD PRICE IN JAPANESE YEN — JUNE 5, 2024
💱 XAU/JPY · Wednesday, June 5, 2024
On Wednesday, June 5, 2024, the gold spot price was C$3,219.51 per troy ounce in Canadian Dollars, equivalent to ¥335,794.89 JPY per ounce or ¥10,796.05 JPY per gram. Gold rose +1.58% 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 — JUNE 5, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,219.51 | C$103.51 | C$103,509.50 |
| JPY | ¥335,794.89 | ¥10,796.05 | ¥10,796,040.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,181.63 | ¥331,844.01 |
| High | C$3,219.79 | ¥335,824.10 |
| Low | C$3,181.36 | ¥331,815.85 |
| Close | C$3,219.51 | ¥335,794.89 |