GOLD PRICE IN JAPANESE YEN — MAY 17, 2017
💱 XAU/JPY · Wednesday, May 17, 2017
On Wednesday, May 17, 2017, the gold spot price was C$1,711.75 per troy ounce in Canadian Dollars, equivalent to ¥178,535.53 JPY per ounce or ¥5,740.05 JPY per gram. Gold rose +1.70% 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 17, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,711.75 | C$55.03 | C$55,033.96 |
| JPY | ¥178,535.53 | ¥5,740.05 | ¥5,740,042.10 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,689.29 | ¥176,192.95 |
| High | C$1,714.06 | ¥178,776.46 |
| Low | C$1,688.88 | ¥176,150.18 |
| Close | C$1,711.75 | ¥178,535.53 |