GOLD PRICE IN JAPANESE YEN — MAY 16, 2019
💱 XAU/JPY · Thursday, May 16, 2019
On Thursday, May 16, 2019, the gold spot price was C$1,727.25 per troy ounce in Canadian Dollars, equivalent to ¥180,152.18 JPY per ounce or ¥5,792.02 JPY per gram. Gold fell -1.01% 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 16, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,727.25 | C$55.53 | C$55,532.30 |
| JPY | ¥180,152.18 | ¥5,792.02 | ¥5,792,018.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,727.51 | ¥180,179.29 |
| High | C$1,727.78 | ¥180,207.45 |
| Low | C$1,727.25 | ¥180,152.18 |
| Close | C$1,727.25 | ¥180,152.18 |