GOLD PRICE IN JAPANESE YEN — MAY 18, 2011
💱 XAU/JPY · Wednesday, May 18, 2011
On Wednesday, May 18, 2011, the gold spot price was C$1,452.98 per troy ounce in Canadian Dollars, equivalent to ¥151,545.81 JPY per ounce or ¥4,872.31 JPY per gram. Gold rose +0.74% 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 18, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,452.98 | C$46.71 | C$46,714.32 |
| JPY | ¥151,545.81 | ¥4,872.31 | ¥4,872,304.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,453.75 | ¥151,626.13 |
| High | C$1,454.34 | ¥151,687.66 |
| Low | C$1,453.66 | ¥151,616.74 |
| Close | C$1,452.98 | ¥151,545.81 |