GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2017
💱 XAU/JPY · Tuesday, February 7, 2017
On Tuesday, February 7, 2017, the gold spot price was C$1,614.95 per troy ounce in Canadian Dollars, equivalent to ¥168,439.29 JPY per ounce or ¥5,415.44 JPY per gram. Gold rose +0.86% 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 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,614.95 | C$51.92 | C$51,921.77 |
| JPY | ¥168,439.29 | ¥5,415.44 | ¥5,415,440.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,614.95 | ¥168,439.29 |
| High | C$1,617.57 | ¥168,712.55 |
| Low | C$1,607.49 | ¥167,661.21 |
| Close | C$1,614.95 | ¥168,439.29 |