GOLD PRICE IN JAPANESE YEN — JULY 7, 2017
💱 XAU/JPY · Friday, July 7, 2017
On Friday, July 7, 2017, the gold spot price was C$1,568.58 per troy ounce in Canadian Dollars, equivalent to ¥163,602.89 JPY per ounce or ¥5,259.95 JPY per gram. Gold fell -0.97% 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 — JULY 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,568.58 | C$50.43 | C$50,430.95 |
| JPY | ¥163,602.89 | ¥5,259.95 | ¥5,259,947.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,582.21 | ¥165,024.50 |
| High | C$1,583.90 | ¥165,200.77 |
| Low | C$1,568.58 | ¥163,602.89 |
| Close | C$1,568.58 | ¥163,602.89 |