GOLD PRICE IN JAPANESE YEN — MAY 7, 2018
💱 XAU/JPY · Monday, May 7, 2018
On Monday, May 7, 2018, the gold spot price was C$1,686.94 per troy ounce in Canadian Dollars, equivalent to ¥175,947.84 JPY per ounce or ¥5,656.85 JPY per gram. Gold rose +0.00% 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 7, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,686.94 | C$54.24 | C$54,236.30 |
| JPY | ¥175,947.84 | ¥5,656.85 | ¥5,656,846.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,684.88 | ¥175,732.98 |
| High | C$1,687.32 | ¥175,987.48 |
| Low | C$1,684.37 | ¥175,679.79 |
| Close | C$1,686.94 | ¥175,947.84 |