GOLD PRICE IN JAPANESE YEN — JANUARY 17, 2017
💱 XAU/JPY · Tuesday, January 17, 2017
On Tuesday, January 17, 2017, the gold spot price was C$1,596.81 per troy ounce in Canadian Dollars, equivalent to ¥166,547.28 JPY per ounce or ¥5,354.62 JPY per gram. Gold rose +1.59% 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 — JANUARY 17, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,596.81 | C$51.34 | C$51,338.56 |
| JPY | ¥166,547.28 | ¥5,354.62 | ¥5,354,611.73 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,588.25 | ¥165,654.48 |
| High | C$1,600.24 | ¥166,905.03 |
| Low | C$1,582.05 | ¥165,007.82 |
| Close | C$1,596.81 | ¥166,547.28 |