GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2016
💱 XAU/JPY · Monday, October 17, 2016
On Monday, October 17, 2016, the gold spot price was C$1,648.49 per troy ounce in Canadian Dollars, equivalent to ¥171,937.51 JPY per ounce or ¥5,527.92 JPY per gram. Gold fell -0.36% 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 — OCTOBER 17, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,648.49 | C$53.00 | C$53,000.11 |
| JPY | ¥171,937.51 | ¥5,527.92 | ¥5,527,911.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,642.58 | ¥171,321.09 |
| High | C$1,649.28 | ¥172,019.90 |
| Low | C$1,642.58 | ¥171,321.09 |
| Close | C$1,648.49 | ¥171,937.51 |