GOLD PRICE IN JAPANESE YEN — AUGUST 28, 2017
💱 XAU/JPY · Monday, August 28, 2017
On Monday, August 28, 2017, the gold spot price was C$1,633.43 per troy ounce in Canadian Dollars, equivalent to ¥170,366.75 JPY per ounce or ¥5,477.41 JPY per gram. Gold rose +1.00% 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 28, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,633.43 | C$52.52 | C$52,515.92 |
| JPY | ¥170,366.75 | ¥5,477.41 | ¥5,477,410.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,613.23 | ¥168,259.89 |
| High | C$1,635.43 | ¥170,575.35 |
| Low | C$1,613.23 | ¥168,259.89 |
| Close | C$1,633.43 | ¥170,366.75 |