GOLD PRICE IN JAPANESE YEN — MAY 16, 2011
💱 XAU/JPY · Monday, May 16, 2011
On Monday, May 16, 2011, the gold spot price was C$1,444.50 per troy ounce in Canadian Dollars, equivalent to ¥150,661.35 JPY per ounce or ¥4,843.87 JPY per gram. Gold rose +0.43% 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 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,444.50 | C$46.44 | C$46,441.69 |
| JPY | ¥150,661.35 | ¥4,843.87 | ¥4,843,867.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,443.43 | ¥150,549.75 |
| High | C$1,448.86 | ¥151,116.10 |
| Low | C$1,443.43 | ¥150,549.75 |
| Close | C$1,444.50 | ¥150,661.35 |