GOLD PRICE IN JAPANESE YEN — FEBRUARY 16, 2017
💱 XAU/JPY · Thursday, February 16, 2017
On Thursday, February 16, 2017, the gold spot price was C$1,620.39 per troy ounce in Canadian Dollars, equivalent to ¥169,006.68 JPY per ounce or ¥5,433.69 JPY per gram. Gold rose +0.57% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,620.39 | C$52.10 | C$52,096.67 |
| JPY | ¥169,006.68 | ¥5,433.69 | ¥5,433,682.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,613.21 | ¥168,257.80 |
| High | C$1,621.31 | ¥169,102.63 |
| Low | C$1,611.51 | ¥168,080.49 |
| Close | C$1,620.39 | ¥169,006.68 |