GOLD PRICE IN JAPANESE YEN — MAY 4, 2017
💱 XAU/JPY · Thursday, May 4, 2017
On Thursday, May 4, 2017, the gold spot price was C$1,683.65 per troy ounce in Canadian Dollars, equivalent to ¥175,604.70 JPY per ounce or ¥5,645.82 JPY per gram. Gold fell -1.45% 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 4, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,683.65 | C$54.13 | C$54,130.53 |
| JPY | ¥175,604.70 | ¥5,645.82 | ¥5,645,813.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,701.91 | ¥177,509.21 |
| High | C$1,701.91 | ¥177,509.21 |
| Low | C$1,680.50 | ¥175,276.15 |
| Close | C$1,683.65 | ¥175,604.70 |