GOLD PRICE IN JAPANESE YEN — MAY 23, 2017
💱 XAU/JPY · Tuesday, May 23, 2017
On Tuesday, May 23, 2017, the gold spot price was C$1,692.96 per troy ounce in Canadian Dollars, equivalent to ¥176,575.73 JPY per ounce or ¥5,677.04 JPY per gram. Gold fell -0.65% 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 23, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,692.96 | C$54.43 | C$54,429.85 |
| JPY | ¥176,575.73 | ¥5,677.04 | ¥5,677,033.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,702.00 | ¥177,518.60 |
| High | C$1,702.14 | ¥177,533.20 |
| Low | C$1,687.30 | ¥175,985.39 |
| Close | C$1,692.96 | ¥176,575.73 |