GOLD PRICE IN JAPANESE YEN — MAY 2, 2017
💱 XAU/JPY · Tuesday, May 2, 2017
On Tuesday, May 2, 2017, the gold spot price was C$1,715.97 per troy ounce in Canadian Dollars, equivalent to ¥178,975.67 JPY per ounce or ¥5,754.20 JPY per gram. Gold rose +0.36% 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 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,715.97 | C$55.17 | C$55,169.64 |
| JPY | ¥178,975.67 | ¥5,754.20 | ¥5,754,193.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,717.48 | ¥179,133.16 |
| High | C$1,717.48 | ¥179,133.16 |
| Low | C$1,710.64 | ¥178,419.75 |
| Close | C$1,715.97 | ¥178,975.67 |