GOLD PRICE IN JAPANESE YEN — MAY 24, 2017
💱 XAU/JPY · Wednesday, May 24, 2017
On Wednesday, May 24, 2017, the gold spot price was C$1,693.40 per troy ounce in Canadian Dollars, equivalent to ¥176,621.62 JPY per ounce or ¥5,678.51 JPY per gram. Gold rose +0.03% 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 24, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,693.40 | C$54.44 | C$54,444.00 |
| JPY | ¥176,621.62 | ¥5,678.51 | ¥5,678,508.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,692.72 | ¥176,550.70 |
| High | C$1,700.70 | ¥177,383.01 |
| Low | C$1,689.74 | ¥176,239.88 |
| Close | C$1,693.40 | ¥176,621.62 |