GOLD PRICE IN JAPANESE YEN — MAY 5, 2017
💱 XAU/JPY · Friday, May 5, 2017
On Friday, May 5, 2017, the gold spot price was C$1,684.25 per troy ounce in Canadian Dollars, equivalent to ¥175,667.28 JPY per ounce or ¥5,647.83 JPY per gram. Gold rose +0.04% 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 5, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,684.25 | C$54.15 | C$54,149.82 |
| JPY | ¥175,667.28 | ¥5,647.83 | ¥5,647,825.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,687.27 | ¥175,982.26 |
| High | C$1,696.49 | ¥176,943.91 |
| Low | C$1,684.25 | ¥175,667.28 |
| Close | C$1,684.25 | ¥175,667.28 |