GOLD PRICE IN JAPANESE YEN — MAY 21, 2018
💱 XAU/JPY · Monday, May 21, 2018
On Monday, May 21, 2018, the gold spot price was C$1,661.40 per troy ounce in Canadian Dollars, equivalent to ¥173,284.02 JPY per ounce or ¥5,571.21 JPY per gram. Gold rose +0.32% 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 21, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,661.40 | C$53.42 | C$53,415.17 |
| JPY | ¥173,284.02 | ¥5,571.21 | ¥5,571,202.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,657.80 | ¥172,908.54 |
| High | C$1,663.85 | ¥173,539.56 |
| Low | C$1,657.80 | ¥172,908.54 |
| Close | C$1,661.40 | ¥173,284.02 |