GOLD PRICE IN JAPANESE YEN — MAY 17, 2011
💱 XAU/JPY · Tuesday, May 17, 2011
On Tuesday, May 17, 2011, the gold spot price was C$1,442.36 per troy ounce in Canadian Dollars, equivalent to ¥150,438.15 JPY per ounce or ¥4,836.70 JPY per gram. Gold fell -0.15% 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 17, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,442.36 | C$46.37 | C$46,372.88 |
| JPY | ¥150,438.15 | ¥4,836.70 | ¥4,836,691.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,452.11 | ¥151,455.07 |
| High | C$1,454.06 | ¥151,658.46 |
| Low | C$1,435.73 | ¥149,746.64 |
| Close | C$1,442.36 | ¥150,438.15 |