GOLD PRICE IN JAPANESE YEN — MAY 19, 2016
💱 XAU/JPY · Thursday, May 19, 2016
On Thursday, May 19, 2016, the gold spot price was C$1,633.34 per troy ounce in Canadian Dollars, equivalent to ¥170,357.36 JPY per ounce or ¥5,477.11 JPY per gram. Gold fell -0.67% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.34 | C$52.51 | C$52,513.02 |
| JPY | ¥170,357.36 | ¥5,477.11 | ¥5,477,108.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.27 | ¥169,515.66 |
| High | C$1,635.04 | ¥170,534.67 |
| Low | C$1,624.62 | ¥169,447.87 |
| Close | C$1,633.34 | ¥170,357.36 |