GOLD PRICE IN JAPANESE YEN — JULY 31, 2017
💱 XAU/JPY · Monday, July 31, 2017
On Monday, July 31, 2017, the gold spot price was C$1,578.36 per troy ounce in Canadian Dollars, equivalent to ¥164,622.95 JPY per ounce or ¥5,292.75 JPY per gram. Gold fell -0.77% 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 31, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,578.36 | C$50.75 | C$50,745.38 |
| JPY | ¥164,622.95 | ¥5,292.75 | ¥5,292,743.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,581.23 | ¥164,922.29 |
| High | C$1,583.59 | ¥165,168.44 |
| Low | C$1,577.36 | ¥164,518.65 |
| Close | C$1,578.36 | ¥164,622.95 |