GOLD PRICE IN JAPANESE YEN — MAY 2, 2019
💱 XAU/JPY · Thursday, May 2, 2019
On Thursday, May 2, 2019, the gold spot price was C$1,706.34 per troy ounce in Canadian Dollars, equivalent to ¥177,971.26 JPY per ounce or ¥5,721.90 JPY per gram. Gold fell -0.54% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.34 | C$54.86 | C$54,860.03 |
| JPY | ¥177,971.26 | ¥5,721.90 | ¥5,721,900.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,705.67 | ¥177,901.38 |
| High | C$1,707.82 | ¥178,125.63 |
| Low | C$1,702.17 | ¥177,536.33 |
| Close | C$1,706.34 | ¥177,971.26 |