GOLD PRICE IN JAPANESE YEN — FEBRUARY 6, 2017
💱 XAU/JPY · Monday, February 6, 2017
On Monday, February 6, 2017, the gold spot price was C$1,601.24 per troy ounce in Canadian Dollars, equivalent to ¥167,009.33 JPY per ounce or ¥5,369.47 JPY per gram. Gold rose +0.85% 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 6, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,601.24 | C$51.48 | C$51,480.99 |
| JPY | ¥167,009.33 | ¥5,369.47 | ¥5,369,466.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.69 | ¥165,908.97 |
| High | C$1,608.27 | ¥167,742.56 |
| Low | C$1,586.27 | ¥165,447.96 |
| Close | C$1,601.24 | ¥167,009.33 |