GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2017
💱 XAU/JPY · Wednesday, August 9, 2017
On Wednesday, August 9, 2017, the gold spot price was C$1,612.99 per troy ounce in Canadian Dollars, equivalent to ¥168,234.86 JPY per ounce or ¥5,408.87 JPY per gram. Gold rose +1.29% 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 9, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,612.99 | C$51.86 | C$51,858.76 |
| JPY | ¥168,234.86 | ¥5,408.87 | ¥5,408,868.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,596.77 | ¥166,543.11 |
| High | C$1,619.07 | ¥168,869.00 |
| Low | C$1,596.77 | ¥166,543.11 |
| Close | C$1,612.99 | ¥168,234.86 |