HomeHistoryJPYMay 17, 2022

GOLD PRICE IN JAPANESE YEN — MAY 17, 2022

💱 XAU/JPY · Tuesday, May 17, 2022

¥243,685.48 JPY/oz
fell -0.18%

On Tuesday, May 17, 2022, the gold spot price was C$2,336.39 per troy ounce in Canadian Dollars, equivalent to ¥243,685.48 JPY per ounce or ¥7,834.66 JPY per gram. Gold fell -0.18% 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 17, 2022

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,336.39C$75.12C$75,116.57
JPY¥243,685.48¥7,834.66¥7,834,658.67

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,345.00¥244,583.50
HighC$2,349.75¥245,078.93
LowC$2,334.46¥243,484.18
CloseC$2,336.39¥243,685.48

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