GOLD PRICE IN JAPANESE YEN — FEBRUARY 23, 2017
💱 XAU/JPY · Thursday, February 23, 2017
On Thursday, February 23, 2017, the gold spot price was C$1,645.84 per troy ounce in Canadian Dollars, equivalent to ¥171,661.11 JPY per ounce or ¥5,519.03 JPY per gram. Gold rose +1.62% 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 23, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,645.84 | C$52.91 | C$52,914.91 |
| JPY | ¥171,661.11 | ¥5,519.03 | ¥5,519,024.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,627.28 | ¥169,725.30 |
| High | C$1,645.97 | ¥171,674.67 |
| Low | C$1,627.28 | ¥169,725.30 |
| Close | C$1,645.84 | ¥171,661.11 |