GOLD PRICE IN JAPANESE YEN — SEPTEMBER 1, 2017
💱 XAU/JPY · Friday, September 1, 2017
On Friday, September 1, 2017, the gold spot price was C$1,651.92 per troy ounce in Canadian Dollars, equivalent to ¥172,295.26 JPY per ounce or ¥5,539.42 JPY per gram. Gold fell -0.61% 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 — SEPTEMBER 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,651.92 | C$53.11 | C$53,110.38 |
| JPY | ¥172,295.26 | ¥5,539.42 | ¥5,539,413.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,646.55 | ¥171,735.16 |
| High | C$1,655.91 | ¥172,711.41 |
| Low | C$1,642.44 | ¥171,306.49 |
| Close | C$1,651.92 | ¥172,295.26 |