GOLD PRICE IN JAPANESE YEN — MAY 1, 2017
💱 XAU/JPY · Monday, May 1, 2017
On Monday, May 1, 2017, the gold spot price was C$1,709.75 per troy ounce in Canadian Dollars, equivalent to ¥178,326.93 JPY per ounce or ¥5,733.34 JPY per gram. Gold fell -0.91% 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 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,709.75 | C$54.97 | C$54,969.66 |
| JPY | ¥178,326.93 | ¥5,733.34 | ¥5,733,335.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,730.76 | ¥180,518.27 |
| High | C$1,731.58 | ¥180,603.79 |
| Low | C$1,709.75 | ¥178,326.93 |
| Close | C$1,709.75 | ¥178,326.93 |