GOLD PRICE IN JAPANESE YEN — MAY 27, 2016
💱 XAU/JPY · Friday, May 27, 2016
On Friday, May 27, 2016, the gold spot price was C$1,574.94 per troy ounce in Canadian Dollars, equivalent to ¥164,266.24 JPY per ounce or ¥5,281.28 JPY per gram. Gold fell -0.96% 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 27, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,574.94 | C$50.64 | C$50,635.42 |
| JPY | ¥164,266.24 | ¥5,281.28 | ¥5,281,274.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,583.38 | ¥165,146.53 |
| High | C$1,587.14 | ¥165,538.70 |
| Low | C$1,565.34 | ¥163,264.96 |
| Close | C$1,574.94 | ¥164,266.24 |