GOLD PRICE IN JAPANESE YEN — MAY 16, 2013
💱 XAU/JPY · Thursday, May 16, 2013
On Thursday, May 16, 2013, the gold spot price was C$1,408.60 per troy ounce in Canadian Dollars, equivalent to ¥146,916.98 JPY per ounce or ¥4,723.49 JPY per gram. Gold fell -0.94% 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, 2013
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,408.60 | C$45.29 | C$45,287.48 |
| JPY | ¥146,916.98 | ¥4,723.49 | ¥4,723,483.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,411.95 | ¥147,266.39 |
| High | C$1,416.72 | ¥147,763.90 |
| Low | C$1,391.84 | ¥145,168.91 |
| Close | C$1,408.60 | ¥146,916.98 |