GOLD PRICE IN JAPANESE YEN — MAY 13, 2016
💱 XAU/JPY · Friday, May 13, 2016
On Friday, May 13, 2016, the gold spot price was C$1,633.25 per troy ounce in Canadian Dollars, equivalent to ¥170,347.98 JPY per ounce or ¥5,476.81 JPY per gram. Gold fell -0.02% 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 13, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.25 | C$52.51 | C$52,510.13 |
| JPY | ¥170,347.98 | ¥5,476.81 | ¥5,476,806.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,632.60 | ¥170,280.18 |
| High | C$1,638.13 | ¥170,856.96 |
| Low | C$1,623.87 | ¥169,369.64 |
| Close | C$1,633.25 | ¥170,347.98 |