GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2017
💱 XAU/JPY · Wednesday, August 2, 2017
On Wednesday, August 2, 2017, the gold spot price was C$1,595.66 per troy ounce in Canadian Dollars, equivalent to ¥166,427.34 JPY per ounce or ¥5,350.76 JPY per gram. Gold rose +0.25% 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 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,595.66 | C$51.30 | C$51,301.59 |
| JPY | ¥166,427.34 | ¥5,350.76 | ¥5,350,755.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,591.52 | ¥165,995.54 |
| High | C$1,596.04 | ¥166,466.97 |
| Low | C$1,584.50 | ¥165,263.35 |
| Close | C$1,595.66 | ¥166,427.34 |