GOLD PRICE IN JAPANESE YEN — MARCH 17, 2017
💱 XAU/JPY · Friday, March 17, 2017
On Friday, March 17, 2017, the gold spot price was C$1,638.41 per troy ounce in Canadian Dollars, equivalent to ¥170,886.16 JPY per ounce or ¥5,494.11 JPY per gram. Gold rose +0.46% 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 — MARCH 17, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,638.41 | C$52.68 | C$52,676.03 |
| JPY | ¥170,886.16 | ¥5,494.11 | ¥5,494,109.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,634.82 | ¥170,511.73 |
| High | C$1,639.88 | ¥171,039.48 |
| Low | C$1,634.82 | ¥170,511.73 |
| Close | C$1,638.41 | ¥170,886.16 |