GOLD PRICE IN JAPANESE YEN — AUGUST 4, 2017
💱 XAU/JPY · Friday, August 4, 2017
On Friday, August 4, 2017, the gold spot price was C$1,581.47 per troy ounce in Canadian Dollars, equivalent to ¥164,947.32 JPY per ounce or ¥5,303.18 JPY per gram. Gold fell -0.78% 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 4, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,581.47 | C$50.85 | C$50,845.37 |
| JPY | ¥164,947.32 | ¥5,303.18 | ¥5,303,171.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,594.92 | ¥166,350.16 |
| High | C$1,595.67 | ¥166,428.38 |
| Low | C$1,575.94 | ¥164,370.54 |
| Close | C$1,581.47 | ¥164,947.32 |