GOLD PRICE IN JAPANESE YEN — MAY 1, 2018
💱 XAU/JPY · Tuesday, May 1, 2018
On Tuesday, May 1, 2018, the gold spot price was C$1,672.96 per troy ounce in Canadian Dollars, equivalent to ¥174,489.73 JPY per ounce or ¥5,609.97 JPY per gram. Gold fell -1.01% 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 1, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,672.96 | C$53.79 | C$53,786.84 |
| JPY | ¥174,489.73 | ¥5,609.97 | ¥5,609,966.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,685.02 | ¥175,747.59 |
| High | C$1,685.79 | ¥175,827.90 |
| Low | C$1,672.44 | ¥174,435.49 |
| Close | C$1,672.96 | ¥174,489.73 |