GOLD PRICE IN JAPANESE YEN — FEBRUARY 3, 2017
💱 XAU/JPY · Friday, February 3, 2017
On Friday, February 3, 2017, the gold spot price was C$1,587.74 per troy ounce in Canadian Dollars, equivalent to ¥165,601.28 JPY per ounce or ¥5,324.20 JPY per gram. Gold rose +0.01% 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 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.74 | C$51.05 | C$51,046.95 |
| JPY | ¥165,601.28 | ¥5,324.20 | ¥5,324,197.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,583.05 | ¥165,112.12 |
| High | C$1,590.48 | ¥165,887.06 |
| Low | C$1,571.71 | ¥163,929.35 |
| Close | C$1,587.74 | ¥165,601.28 |