GOLD PRICE IN JAPANESE YEN — OCTOBER 2, 2017
💱 XAU/JPY · Monday, October 2, 2017
On Monday, October 2, 2017, the gold spot price was C$1,587.46 per troy ounce in Canadian Dollars, equivalent to ¥165,572.08 JPY per ounce or ¥5,323.26 JPY per gram. Gold fell -0.39% 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 — OCTOBER 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.46 | C$51.04 | C$51,037.95 |
| JPY | ¥165,572.08 | ¥5,323.26 | ¥5,323,258.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.33 | ¥165,871.42 |
| High | C$1,591.71 | ¥166,015.35 |
| Low | C$1,584.60 | ¥165,273.78 |
| Close | C$1,587.46 | ¥165,572.08 |