GOLD PRICE IN JAPANESE YEN — MAY 17, 2024
💱 XAU/JPY · Friday, May 17, 2024
On Friday, May 17, 2024, the gold spot price was C$3,284.11 per troy ounce in Canadian Dollars, equivalent to ¥342,532.67 JPY per ounce or ¥11,012.67 JPY per gram. Gold rose +1.48% 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, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,284.11 | C$105.59 | C$105,586.44 |
| JPY | ¥342,532.67 | ¥11,012.67 | ¥11,012,665.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,241.23 | ¥338,060.29 |
| High | C$3,289.02 | ¥343,044.79 |
| Low | C$3,241.23 | ¥338,060.29 |
| Close | C$3,284.11 | ¥342,532.67 |