GOLD PRICE IN JAPANESE YEN — MAY 2, 2018
💱 XAU/JPY · Wednesday, May 2, 2018
On Wednesday, May 2, 2018, the gold spot price was C$1,673.22 per troy ounce in Canadian Dollars, equivalent to ¥174,516.85 JPY per ounce or ¥5,610.84 JPY per gram. Gold rose +0.02% 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 2, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,673.22 | C$53.80 | C$53,795.19 |
| JPY | ¥174,516.85 | ¥5,610.84 | ¥5,610,838.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,681.44 | ¥175,374.19 |
| High | C$1,681.82 | ¥175,413.83 |
| Low | C$1,673.22 | ¥174,516.85 |
| Close | C$1,673.22 | ¥174,516.85 |