GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2017
💱 XAU/JPY · Wednesday, February 8, 2017
On Wednesday, February 8, 2017, the gold spot price was C$1,632.43 per troy ounce in Canadian Dollars, equivalent to ¥170,262.45 JPY per ounce or ¥5,474.06 JPY per gram. Gold rose +1.08% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,632.43 | C$52.48 | C$52,483.77 |
| JPY | ¥170,262.45 | ¥5,474.06 | ¥5,474,056.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.18 | ¥169,506.27 |
| High | C$1,640.74 | ¥171,129.18 |
| Low | C$1,623.73 | ¥169,355.04 |
| Close | C$1,632.43 | ¥170,262.45 |