GOLD PRICE IN JAPANESE YEN — MAY 11, 2016
💱 XAU/JPY · Wednesday, May 11, 2016
On Wednesday, May 11, 2016, the gold spot price was C$1,646.31 per troy ounce in Canadian Dollars, equivalent to ¥171,710.13 JPY per ounce or ¥5,520.60 JPY per gram. Gold rose +0.53% 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 11, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.31 | C$52.93 | C$52,930.02 |
| JPY | ¥171,710.13 | ¥5,520.60 | ¥5,520,600.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,636.37 | ¥170,673.39 |
| High | C$1,652.25 | ¥172,329.68 |
| Low | C$1,636.37 | ¥170,673.39 |
| Close | C$1,646.31 | ¥171,710.13 |