GOLD PRICE IN JAPANESE YEN — AUGUST 16, 2017
💱 XAU/JPY · Wednesday, August 16, 2017
On Wednesday, August 16, 2017, the gold spot price was C$1,628.42 per troy ounce in Canadian Dollars, equivalent to ¥169,844.21 JPY per ounce or ¥5,460.61 JPY per gram. Gold rose +0.44% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,628.42 | C$52.35 | C$52,354.84 |
| JPY | ¥169,844.21 | ¥5,460.61 | ¥5,460,610.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,621.28 | ¥169,099.50 |
| High | C$1,635.69 | ¥170,602.47 |
| Low | C$1,618.85 | ¥168,846.06 |
| Close | C$1,628.42 | ¥169,844.21 |