GOLD PRICE IN JAPANESE YEN — FEBRUARY 1, 2017
💱 XAU/JPY · Wednesday, February 1, 2017
On Wednesday, February 1, 2017, the gold spot price was C$1,571.62 per troy ounce in Canadian Dollars, equivalent to ¥163,919.97 JPY per ounce or ¥5,270.15 JPY per gram. Gold fell -0.75% 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 — FEBRUARY 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,571.62 | C$50.53 | C$50,528.68 |
| JPY | ¥163,919.97 | ¥5,270.15 | ¥5,270,141.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,579.83 | ¥164,776.27 |
| High | C$1,579.83 | ¥164,776.27 |
| Low | C$1,561.58 | ¥162,872.79 |
| Close | C$1,571.62 | ¥163,919.97 |