GOLD PRICE IN JAPANESE YEN — MAY 9, 2017
💱 XAU/JPY · Tuesday, May 9, 2017
On Tuesday, May 9, 2017, the gold spot price was C$1,662.83 per troy ounce in Canadian Dollars, equivalent to ¥173,433.17 JPY per ounce or ¥5,576.00 JPY per gram. Gold fell -0.73% 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 9, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,662.83 | C$53.46 | C$53,461.15 |
| JPY | ¥173,433.17 | ¥5,576.00 | ¥5,575,997.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,678.98 | ¥175,117.61 |
| High | C$1,679.12 | ¥175,132.22 |
| Low | C$1,662.42 | ¥173,390.41 |
| Close | C$1,662.83 | ¥173,433.17 |