GOLD PRICE IN JAPANESE YEN — FEBRUARY 2, 2017
💱 XAU/JPY · Thursday, February 2, 2017
On Thursday, February 2, 2017, the gold spot price was C$1,587.64 per troy ounce in Canadian Dollars, equivalent to ¥165,590.85 JPY per ounce or ¥5,323.87 JPY per gram. Gold rose +1.02% 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 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.64 | C$51.04 | C$51,043.74 |
| JPY | ¥165,590.85 | ¥5,323.87 | ¥5,323,861.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,578.50 | ¥164,637.55 |
| High | C$1,597.42 | ¥166,610.91 |
| Low | C$1,577.46 | ¥164,529.08 |
| Close | C$1,587.64 | ¥165,590.85 |