GOLD PRICE IN JAPANESE YEN — MAY 10, 2016
💱 XAU/JPY · Tuesday, May 10, 2016
On Tuesday, May 10, 2016, the gold spot price was C$1,637.61 per troy ounce in Canadian Dollars, equivalent to ¥170,802.72 JPY per ounce or ¥5,491.43 JPY per gram. Gold rose +0.09% 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 10, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,637.61 | C$52.65 | C$52,650.31 |
| JPY | ¥170,802.72 | ¥5,491.43 | ¥5,491,427.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,639.16 | ¥170,964.39 |
| High | C$1,642.14 | ¥171,275.20 |
| Low | C$1,630.87 | ¥170,099.74 |
| Close | C$1,637.61 | ¥170,802.72 |