GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2017
💱 XAU/JPY · Tuesday, August 8, 2017
On Tuesday, August 8, 2017, the gold spot price was C$1,592.49 per troy ounce in Canadian Dollars, equivalent to ¥166,096.71 JPY per ounce or ¥5,340.13 JPY per gram. Gold rose +0.13% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.49 | C$51.20 | C$51,199.67 |
| JPY | ¥166,096.71 | ¥5,340.13 | ¥5,340,125.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,593.12 | ¥166,162.42 |
| High | C$1,602.25 | ¥167,114.68 |
| Low | C$1,586.15 | ¥165,435.45 |
| Close | C$1,592.49 | ¥166,096.71 |