GOLD PRICE IN JAPANESE YEN — MAY 30, 2017
💱 XAU/JPY · Tuesday, May 30, 2017
On Tuesday, May 30, 2017, the gold spot price was C$1,700.48 per troy ounce in Canadian Dollars, equivalent to ¥177,360.06 JPY per ounce or ¥5,702.25 JPY per gram. Gold fell -0.51% 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 30, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,700.48 | C$54.67 | C$54,671.62 |
| JPY | ¥177,360.06 | ¥5,702.25 | ¥5,702,250.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,707.62 | ¥178,104.77 |
| High | C$1,711.12 | ¥178,469.82 |
| Low | C$1,695.49 | ¥176,839.61 |
| Close | C$1,700.48 | ¥177,360.06 |