GOLD PRICE IN JAPANESE YEN — MAY 16, 2017
💱 XAU/JPY · Tuesday, May 16, 2017
On Tuesday, May 16, 2017, the gold spot price was C$1,683.10 per troy ounce in Canadian Dollars, equivalent to ¥175,547.33 JPY per ounce or ¥5,643.97 JPY per gram. Gold fell -0.13% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,683.10 | C$54.11 | C$54,112.84 |
| JPY | ¥175,547.33 | ¥5,643.97 | ¥5,643,969.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,676.83 | ¥174,893.37 |
| High | C$1,686.23 | ¥175,873.79 |
| Low | C$1,676.83 | ¥174,893.37 |
| Close | C$1,683.10 | ¥175,547.33 |