GOLD PRICE IN JAPANESE YEN — MAY 3, 2017
💱 XAU/JPY · Wednesday, May 3, 2017
On Wednesday, May 3, 2017, the gold spot price was C$1,708.40 per troy ounce in Canadian Dollars, equivalent to ¥178,186.12 JPY per ounce or ¥5,728.81 JPY per gram. Gold fell -0.44% 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 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,708.40 | C$54.93 | C$54,926.26 |
| JPY | ¥178,186.12 | ¥5,728.81 | ¥5,728,808.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,720.33 | ¥179,430.42 |
| High | C$1,721.29 | ¥179,530.55 |
| Low | C$1,697.85 | ¥177,085.75 |
| Close | C$1,708.40 | ¥178,186.12 |