GOLD PRICE IN JAPANESE YEN — FEBRUARY 27, 2017
💱 XAU/JPY · Monday, February 27, 2017
On Monday, February 27, 2017, the gold spot price was C$1,649.62 per troy ounce in Canadian Dollars, equivalent to ¥172,055.37 JPY per ounce or ¥5,531.70 JPY per gram. Gold rose +0.18% 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 27, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,649.62 | C$53.04 | C$53,036.44 |
| JPY | ¥172,055.37 | ¥5,531.70 | ¥5,531,700.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,646.08 | ¥171,686.14 |
| High | C$1,657.10 | ¥172,835.53 |
| Low | C$1,640.44 | ¥171,097.89 |
| Close | C$1,649.62 | ¥172,055.37 |