GOLD PRICE IN JAPANESE YEN — FEBRUARY 24, 2017
💱 XAU/JPY · Friday, February 24, 2017
On Friday, February 24, 2017, the gold spot price was C$1,646.61 per troy ounce in Canadian Dollars, equivalent to ¥171,741.42 JPY per ounce or ¥5,521.61 JPY per gram. Gold rose +0.05% 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 24, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.61 | C$52.94 | C$52,939.66 |
| JPY | ¥171,741.42 | ¥5,521.61 | ¥5,521,606.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,637.58 | ¥170,799.59 |
| High | C$1,649.10 | ¥172,001.13 |
| Low | C$1,637.58 | ¥170,799.59 |
| Close | C$1,646.61 | ¥171,741.42 |