GOLD PRICE IN JAPANESE YEN — AUGUST 11, 2017
💱 XAU/JPY · Friday, August 11, 2017
On Friday, August 11, 2017, the gold spot price was C$1,640.45 per troy ounce in Canadian Dollars, equivalent to ¥171,098.94 JPY per ounce or ¥5,500.95 JPY per gram. Gold rose +0.66% 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 11, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,640.45 | C$52.74 | C$52,741.62 |
| JPY | ¥171,098.94 | ¥5,500.95 | ¥5,500,950.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,638.67 | ¥170,913.28 |
| High | C$1,644.78 | ¥171,550.55 |
| Low | C$1,633.19 | ¥170,341.72 |
| Close | C$1,640.45 | ¥171,098.94 |