GOLD PRICE IN JAPANESE YEN — MAY 6, 2019
💱 XAU/JPY · Monday, May 6, 2019
On Monday, May 6, 2019, the gold spot price was C$1,726.73 per troy ounce in Canadian Dollars, equivalent to ¥180,097.94 JPY per ounce or ¥5,790.28 JPY per gram. Gold rose +0.22% 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 6, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,726.73 | C$55.52 | C$55,515.58 |
| JPY | ¥180,097.94 | ¥5,790.28 | ¥5,790,274.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,727.41 | ¥180,168.86 |
| High | C$1,727.41 | ¥180,168.86 |
| Low | C$1,724.85 | ¥179,901.85 |
| Close | C$1,726.73 | ¥180,097.94 |