GOLD PRICE IN JAPANESE YEN — AUGUST 7, 2017
💱 XAU/JPY · Monday, August 7, 2017
On Monday, August 7, 2017, the gold spot price was C$1,590.49 per troy ounce in Canadian Dollars, equivalent to ¥165,888.11 JPY per ounce or ¥5,333.42 JPY per gram. Gold rose +0.57% 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 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,590.49 | C$51.14 | C$51,135.37 |
| JPY | ¥165,888.11 | ¥5,333.42 | ¥5,333,418.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,591.12 | ¥165,953.82 |
| High | C$1,591.63 | ¥166,007.01 |
| Low | C$1,586.82 | ¥165,505.33 |
| Close | C$1,590.49 | ¥165,888.11 |