GOLD PRICE IN JAPANESE YEN — AUGUST 31, 2017
💱 XAU/JPY · Thursday, August 31, 2017
On Thursday, August 31, 2017, the gold spot price was C$1,662.02 per troy ounce in Canadian Dollars, equivalent to ¥173,348.69 JPY per ounce or ¥5,573.29 JPY per gram. Gold rose +1.53% 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 31, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,662.02 | C$53.44 | C$53,435.11 |
| JPY | ¥173,348.69 | ¥5,573.29 | ¥5,573,281.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,649.90 | ¥172,084.57 |
| High | C$1,669.72 | ¥174,151.80 |
| Low | C$1,643.71 | ¥171,438.95 |
| Close | C$1,662.02 | ¥173,348.69 |