GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2017
💱 XAU/JPY · Tuesday, August 1, 2017
On Tuesday, August 1, 2017, the gold spot price was C$1,591.64 per troy ounce in Canadian Dollars, equivalent to ¥166,008.05 JPY per ounce or ¥5,337.28 JPY per gram. Gold rose +0.84% 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 — AUGUST 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,591.64 | C$51.17 | C$51,172.34 |
| JPY | ¥166,008.05 | ¥5,337.28 | ¥5,337,275.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,586.39 | ¥165,460.48 |
| High | C$1,592.52 | ¥166,099.84 |
| Low | C$1,578.38 | ¥164,625.03 |
| Close | C$1,591.64 | ¥166,008.05 |