GOLD PRICE IN JAPANESE YEN — MAY 12, 2017
💱 XAU/JPY · Friday, May 12, 2017
On Friday, May 12, 2017, the gold spot price was C$1,680.37 per troy ounce in Canadian Dollars, equivalent to ¥175,262.59 JPY per ounce or ¥5,634.82 JPY per gram. Gold rose +0.24% 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 12, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,680.37 | C$54.03 | C$54,025.07 |
| JPY | ¥175,262.59 | ¥5,634.82 | ¥5,634,814.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,682.84 | ¥175,520.21 |
| High | C$1,684.89 | ¥175,734.03 |
| Low | C$1,680.24 | ¥175,249.03 |
| Close | C$1,680.37 | ¥175,262.59 |